About Me

Recent graduate of Texas Tech University. I am now working for the "man" and hating it.

Wednesday, February 4, 2009

Coincidence? I Think Not...

Today Obama announced that it will limit pay to executives of companies that took TARP money to $500k.

http://www.bloomberg.com/apps/news?pid=20601087&sid=a7RNlu85M_m4&refer=home

Also, in completely unrelated news (or not, you decide) Goldman has decided they would like to pay back all $10Bn of TARP money they were given (with the Treasury's permission of course).

http://www.bloomberg.com/apps/news?pid=20601087&sid=a3xTcf52kEZM&refer=home

My suspicion is that former Goldman frat boy, Tim Geitner allows this to happen.

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