I am highly against putting caps on a bonus, these men work hard and do their job. They should be paid whatever the company thinks they should be paid. The people that caused the finance crisis are long gone already. It was also the fault of US consumers who spent too much. Capping their pay and limiting bonus will have detrimental results.

Given that we own a controlling interest in those companies, we have every right to set salaries. That's what free enterprise is all about, right? The owner gets to decide how much he's willing to spend of his money?

The underlying problem, that these businesses are too big to be allowed to fail, continues to exist. We should be dismantling these firms. Some of them, we possibly could break into 50 parts, each doing business in just one state. In other cases, the New York state branch of the company will still be too big.

The FDIC is not just perpetuating the problem, but exacerbating it, by asking too-large banks to take over failing institutions. We really need to go back to a ban on multi-state banking corporations. Big companies need more money than one bank can provide? Not a problem. They can easily syndicate a loan among multiple companies. That's how Lloyd's of London worked for centuries - syndicating risks under multiple underwriters.

I wonder if that technique would work on all levels of government..............."Hello Police.....I'm a bank robber, but you can't arrest me or I'll quit."?

Let me see if I have this straight now. The new regulation caps the salary of executives, two of the more corpulant felines whine and stomp their feet, so the regulation is removed. And we wonder why the economy is in the tank!

I remember the wage and price controls of the 70s. One of my employees had to cancel her vacation because it was considered a wage increase. These people in executive positions actually work up to 18 hours per day 7 days per week for their companies. They have virtually no private life. Their spouses also work with no compensation. If they can bring an increase in value and profits to their companies, then they deserve the reward. Just think of the jobs that will be lost in the personal employ of these corporate executives when their salaries are brought down from $30,000,000 to $500,000. Talk about increasing unemployment!

The people making these laws have never worked in private industry as executives and owners of companies. They don’t know what it is to be responsible for other people’s income and livelihood. Maybe they think $500,000 is a lot of money but the people who bring billions of dollars in revenue to their companies think it’s just another charitable donation.

Whats Feinberg's salary?

First, let's review the word "Czar/Tsar". I don't know why this word is being used. In any case it means emperor, as in Holy Roman Emperor and is the Russian version of same. It means the holder of said title is in charge of everything, including your religious beliefs. AKA, and Autocrat.

So, technically at least, Mr. Fienberg can make any exceptions that he so chooses.

Long live Caesar. Beware the Ides of March.

The exceptions do little to inspire confidence.