White House Set to Appoint a Pay Czar

[Robert Toy]

WASHINGTON -- The Obama administration plans to appoint a "Special Master for Compensation" to ensure that companies receiving federal bailout funds are abiding by executive-pay guidelines, according to people familiar with the matter.

http://online.wsj.com/article/SB124416737421887739.html

[Don]

That's good. At least he'll have some experience when Obama does his laying on of hands and magically cures the medical system by imposing wage and price controls.

[Duncan J Macdonald]

WASHINGTON -- The Obama administration plans to appoint a "Special Master for Compensation" to ensure that companies receiving federal bailout funds are abiding by executive-pay guidelines, according to people familiar with the matter.

http://online.wsj.com/article/SB124416737421887739.html
And, done (http://www.opm.gov/oca/09tables/index.asp).

[Robert Toy]

And, done (http://www.opm.gov/oca/09tables/index.asp).
That's the payscales for the others, need "special" one for the TARP'd

[Jean Marie]

Where does all the money come from to pay all these czars, which btw is a Russian term. And we all know what happened to Nicholas

[donroc]

Czar is a euphemism for commissar?

[astonwest]

Mr. Feinberg will report to Treasury Secretary Timothy Geithner, but he is expected to have wide discretion on how the rules should be interpreted. Firms likely won't be able to appeal decisions that Mr. Feinberg makes to Mr. Geithner, according to people familiar with the matter.
So, a member of the Presidential cabinet will hold the full authority over decisions, with no one about to hold that power in check? And people thought Bush was all about the power grabs...heh.

Also, does it seem ironic to anyone else that Obama would appoint a "Special Master" of anything?