Our Say: State's hands tied when it comes to size of CEO salaries

Published 06/28/09

We cannot blame lawmakers for being upset with the compensation given to executives with Constellation Energy Group. Consumers have been whacked with unprecedented increases in rates and some users are being cut off because they can't keep up with their bills. Why should executives get big salaries?

That's the pitch made by Sens. Jamie Raskin of Montgomery County and James Brochin of Baltimore County, who wants the attorney general to intervene. They want him to determine if state government has the ability to intervene.

Attorney General Douglas Gansler said he would review the request, but we can't see how he will...

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helps us how? - 2009-07-01 11:37:31

I didn't notice a decrease in my bill after Shattuck's bonus was denied. Maybe instead of worrying what a private company pays its employees, the state (PSC) should STOP APPROVING RATE INCREASES.

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Scott S. - Annapolis, MD - Karma: Excellent

Really - 2009-07-01 08:30:29

The state of Maryland, which can't even balance it's own books, has the audacity to question what a Private Corporation pays it's employees and wants to determine whether it can control their salaries. This is sickening.

Should Maryland be able to display some fiduciary responsibility, this might make more sense, but since Maryland did essentially take Stimulus/bailout funds, maybe O'Malley should be the one taking the paycut.

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Johnathan Locke - Edgewater, MD - Karma: Good