Responding to the growing furor over the paychecks of executives at companies that received billions of dollars in federal bailouts, the Obama administration will order the companies that received the most aid to deeply slash the compensation to their highest paid executives, an official involved in the decision said on Wednesday. http://www.nytimes.com/2009/10/22/business/22pay.html?hp

No wonder Americans are so cynical about politicians, the only reason Washington is getting involved now is because of the public backlash! What have they been doing all this time?