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Paterson never saw it coming……
Obama sliced pay for companies he boosted. We have no idea what gives him the authority
Gov Patterson in New York just got a billion less tax revenue because of this. When it is over, it will cost the state several billion more. Unintended consequences? No. It is intentional blindness to consequences. Remember executives have contracts for key people. Obama breaks these contracts by royal edict.
Actually with Lewis from BAC, they forced him to buy Merril and this month asked him to refund his pay for this year. In other words, he doesn't get minimum wage. Obama orders criminal breech of contracts.
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