Bank of America is finding it difficult to recruit a new CEO, made more challenging by the prospect of pay czar Kenneth Feinberg needing to review any new employment agreement.
One possible candidate turned down an approach out of fear Feinberg wouldn't approve buying out his unvested stock at his current employer, which is a common and necessary practice to induce an executive to leave his current employer.
So the Obama administration has made it harder to recruit a CEO where the government has a huge investment, making it more difficult for BoA to succeed and make that investment a success.
This is what government intervention produces in the economy. And this type of behavior is what Obama wants to inflict on our healthcare system.
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