<![CDATA[Big Three CEOs To Take $1 A Year Salaries If Their Companies Get Bailed Out (POLL)]]>

1.0 link 147717 <![CDATA[Big Three CEOs To Take $1 A Year Salaries If Their Companies Get Bailed Out (POLL)]]> http://www.huffingtonpost.com/2008/12/02/ford-ceo-to-take-1-a-year_n_147717.html Now that Americans have footed the bill for more than a trillion dollars in bailouts, Congress is finally starting to clamp down on executive pay as a condition for a bailout.

AP reports, "Some members of Congress have urged the Big Three executives to take major pay cuts as part of the deal. Chrysler Chief Executive Robert Nardelli said he would work for $1 a year, and a similar commitment is expected from GM CEO Rick Wagoner. Ford plans to...

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