Treasury Department waters down tough talk on Wall Street, banks: Paulson used guise to get votes

The website www.marketwatch.com reports that the U.S. Department of the Treasury has watered-down enforcement rules on excessive executive compensation in banks and on Wall Street from meat to gruel, analysts say,

The story is shocking but should not be surprising when it comes to the Bush administration's history of deception of the people of this nation. This time, however, Democratic leaders played a leading role with "W". The Treasury Department was given the power to water-down the rules in the passed legislation signed into law.

Read the following story and realize that giving unprecedented power to one man and one cabinet-level department is foolish. And your elected representatives who supported the bailout plans should face some kind retribution since the banks and Wall Street are not.

Go to: http://www.marketwatch.com/news/story/corporate-governance-takes-back-seat/story.aspx?guid=%7B8750F6ED%2D3F7F%2D4E80%2DB39A%2DC8D03E13234A%7D