Populists won't like this, but I'm not running for anything, so get over it...

The idea of including comp caps in the bailout legislation is just plain stupid.  Oh, yes it resonates with the common folk, but it’s pandering that can do real harm. 

No pay, no talent.  There are still plenty of solvent financial firms that will snap up the top talent of the dislocated executives at rates that make the proletariat blush.  So a $400K cap is just plain stupid.  If you think mid-level or a