Friday, June 5, 2009

My God, It's full of Czars

Obama's got 21 czards and counting with the latest "Special Master For Compensation" having some major power:
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.

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