Paulsen makes offer banks can't refuse

No word if any CEOs of the US's 9 largest banks woke up with any horse heads in their beds. My good friend Wes forwarded me this article (link here) about how US Treasury Secretary Hank Paulsen (photo below) seemed to pressure US bank CEOs into signing an agreement for the Treasury to buy shares, and the 1-page agreement included limits on what the CEOs could earn.


I tend to see this as pretty socialistic and hope this is temporary.