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> Opinion > Letters To The Editor > Salary cap needed
It's refreshing to finally have a President who is willing to take a stand on corporate greed, as President Barack Obama appears to be doing with his salary cap proposal for executives of bailed out companies. The Wall Street chameleons have played this game before and still found a way to line their pockets, because greed will find a way. I would prefer to see Obama's plan backed with sharper teeth, such as, forfeiture of assets for any bailout, executive who exceeds the cap regardless of how his company dresses it up, in other words, treat such actions like a crime, because that's exactly what it is.
James Dionne
West Springfield
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