OK, it's not consumer law, but I had another letter in the Times today. Here it is:
To the Editor:
Why not bar banks taking bailout money from giving any employee compensation exceeding some extremely comfortable amount, say $250,000 a year, without government approval, until they have repaid the bailout?
Jeff Sovern
Jamaica, Queens, Jan. 27, 2009
The writer is a professor of law at St. John’s University.
Also available on the Times web site at http://www.nytimes.com/2009/02/02/opinion/l02comp.html?_r=1&ref=opinion
Looks like Obama and you are on the same wavelength (but with him being twice as generous to bailed out bankers as you are).
Posted by: StJoe | Wednesday, February 04, 2009 at 11:22 PM