Today in 2009 President Barack Obama imposes $500,000 caps on senior executive pay for the most distressed financial institutions receiving federal bailout money, saying Americans are upset with “executives being rewarded for failure.”
• Democracy is in the streets • Teamsters to VA governor: Hands off history • Michigan opens door to restoring union power • Podcast: Labor History can help us learn to fight like hell • Amazon faces NLRB charges of illegal union busting • Teamster efforts protect jobs, passenger safety in Kentucky • VA claims progress in union talks. The union begs to differ. • Starbucks has seriously crossed the line with its union-busting • Bone tired. Underpaid. Performing surgery. What could go wrong? • Hollywood braces for strike as writers demand more from streamers