The fact is we had a problem with the executive compensation and perks before the bailout. We have a problem after the bailout. There's a problem with the corporate governance system.
David Walker: “The fact is we had a problem with the executive compensation and perks before the bailout. We have a problem after the…”
Editor's note · Context
Walker discusses ongoing issues with executive compensation and corporate governance related to bailouts.
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there's no question that the political system in Washington is dysfunctional. And thirdly, there's no question that both political parties are to blame. The last 10 years have been the most fiscally irresponsible in the history of United…
the base of the Republican Party will not support any type of tax increases -- even if it's eliminating tax expenditures where there can be a bipartisan agreement.
they should be focused on making sure that we get our structural deficits under control and our debt-to-GDP down to reasonable and sustainable levels.
The power resides with the Congress of the United States and the President of the United States.





