Democratic US Senator Ben Nelson of Nebraska is sending a letter to the inspector general following news or massive amounts of money going to C-E-O’S that were bailed out by the government.
“We want to make sure that that is absolutely consisitent with what the expectations are about not having golden parachutes, not having excessive compensation, not having excessive bonuses for companies that have been run into the ground.”
Nelson says companies that get bailout money should be able to fully explain how it was used.