<![CDATA[Congress Should Not Cap CEO Pay, But Look at the Deeper Problems of Corporate Governance]]>

1.0 link 164907 <![CDATA[Congress Should Not Cap CEO Pay, But Look at the Deeper Problems of Corporate Governance]]> http://www.huffingtonpost.com/david-paul/congress-should-not-cap-c_b_164907.html It needs to be said: The Congress of the United States has no business setting the terms of executive compensation. That is not how capitalism is supposed to work.

But then again, the US Government has no business giving tens of billions of dollars to corporations, and getting nothing in return but a hope and a prayer. That is not how capitalism is supposed to work, either.

Take Citi. This Thursday, the market value of Citigroup--the icon of the American banking...

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