Jim Jordan actually said...

Here is a company in bankruptcy, 74 percent owned by the American taxpayers, and just because the board of directors at the company says, you know what, even though we are in bankruptcy, we think our CEO needs to make half a million dollars and needs a total pay compensation package of $8 million, and you guys said yes to that? How do you justify that?

Context

Jordan questions the justification for high CEO pay at a bankrupt company owned by taxpayers.

02/25/2013

https://congress.gov...

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