You have have heard from multiple people (McCain, Pelosi, Paulson,Bernanke) in support and justification of the bailout plan (during the recent stock market october 2008 fall) that under the plan CEO salaries will be capped. Well it does not look that way.

We read a related report on Bloomberg (An Excerpt follows). The CEO of Golman can still bring home a fat check (roughly SIX million dollars per MONTH!).

"Goldman Sachs Group Inc.'s Lloyd Blankfein, whose $70.3 million paycheck made him Wall Street's most highly compensated chief executive officer last year, could still earn tens of millions annually under the bank-rescue plan run by his former boss, Treasury Secretary Henry Paulson."


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