executive compensation

Yesterday, we started the day off looking at how conservative Democrats are joining with the Republicans to gut Dodd-Frank and set Wall Street free to rip off America and Americans again, Elizabeth Warren and progressive House candidates Austin Frerick (IA), Tim Canova (FL), Lillian Salerno (TX), DuWayner Gregory (NY), Ellen Lipton (MI) and Sam Jammal (C

I had dinner with an old friend the other day, visiting from Wall Street, where he works with banksters on compliance issues-- although, more often than not, on banksters trying to make it look like they're complying with the law while running end games around those very laws and rules.

"Director Watch: Putting an End to Blank Checks for CEOs"Erskine BowlesMartin Feldstein"Friends don't try to save money by cutting their friends' pay.

Says Cornelius Hurley, director of Boston University's Center for Finance, Law and Policy: "It doesn’t reconcile for JPMorgan to be paying out billions in fines while its C.E.O.’s compensation nearly doubled.