From the Washington Post
"The Obama administration is considering asking Congress to give the Treasury secretary unprecedented powers to initiate the seizure of non-bank financial companies, such as large insurers, investment firms and hedge funds, whose collapse would damage the broader economy, according to an administration document. The government also would assume the authority to seize such firms if they totter toward failure."
If they continue their power grab how long will it be before any company is fair game? If they can limit bonus's already committed to and put a max. on CEO salary's how long before they can tell everyone what they can make? Elections do matter!!!
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