Geithner says executive pay should not be restricted

Source: Internet
Author: User
Keywords The Minister of Finance the irritating
Timothy, US Treasury secretary, said in Monday that the government should not limit executive pay and should try to ensure that compensation plans do not encourage excessive risk-taking, according to the morning News of Beijing time May 19. "I don't think the government should set a ceiling on executive pay," Bernanke said in a question-and-answer session at the National Press Club's news conference today. What we need to do is make sure that we have a wide range of restrictions on the incentives for certain risk-taking activities created by the pay system. ”
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