What do you think about the pay of the executives of the bailed out companies?

Their pay packages were a part of their contracts. Maybe you make too much if it is more than what I make. This is not something new. Lets talk about how much the czars are earning. The lowest pay is $120,000. For a job that nobody really knows what it is, why it is, and what the requirements are. How about how much congress critters are getting? Do we really want to examine this? http://www.opensecrets.org/pfds/overview.php?type=W&cycle=2005&filter=C

All I can say is, it's not fair. Bailed out companies are understood to be in trouble financially and these executives receiving very high salaries could be the reason. In order for these companies to go on with its operations, it should do something about the very high pay of their executives. They'd been bailed out by people's money. They can't afford to pay that much to their bosses. They need to shape up, work out solutions to slash or cut down unnecessary expenses including very high pay for a favored group. It's just not fair. It's corruption.

I really don't care what a company wants to pay their executives however we should not have ever given them a bailout. The only way to get rid of the problems is let them fail... other companies will take there place. Possibly several smaller companies as I feel small works better. It's like turning a ship, you will have better luck turning a dingy then a cruise liner. Regulating pay is not going to solve the situation as all that will happen is that those top executives will get offers from companies without regulations. The free market works when you let it. Companies that spend their money unwisely fail and new businesses are born from the ashes. I'm trying to work on another research project on the regulations on the free market system and how the industries with the least regulations are the most secure especially for the job market. Hope to put it on here when I get done, it's very interesting.