WASHINGTON — The Obama administration plans to order companies that received huge government bailouts last year to sharply cut the compensation of their highest paid executives, according to a person familiar with the decision. The seven companies that received the most assistance will have to cut the annual salaries of their 25 highest-paid executive by an average of about 90 percent from last year, said the person, who spoke on condition of anonymity because it has not been announced. This person said Wednesday that the Treasury Department will announce the deep pay cuts within the next few days.

Entrepreneur Nell Marino is the kind of woman a woman wants to be. She had a successful company when she realized the importance of exposing young girls to opportunities in business and positive role models and invented ” Take Our Daughters to Work Day ” in 1992.

The New York Observer : For $25,000 you can get courtside tickets to 10 games and, for one hour, you can have a Nets player at your beckon call. Read the whole story: The New York Observer

I received a humbling and personally overwhelming response to my debut Huffington Post blog entry that described my recent decision to move myself and my family from Southern California to Michigan. Of the hundreds of emails, phone calls and letters, the vast majority were from Michiganders welcoming me to the state or thanking me for the vote of confidence in Michigan and for reigniting their hope for a better local economy — thanks for those! Some responses were a bit on the cynical side, these coming from both from in- and out-of-staters, questioning the quality, quantity or reality of the opportunities that I expressed. The feedback ranged from: “I don’t know what you see in this state, because I have been here XX years, and it is as bad as it has ever been — but I hope you are right!” to the more colorful: “I think you must have inhaled a bit too much of Santa Monica’s illegal herbs before buying those one-way tickets to Michigan — good luck and stay warm!” Though I did heed the warning to buy a quality pair of long-johns, rest assured no herbal influences were involved in my decision to come to Michigan.

Daily Intel : This week marks the official publication of the longest, most comprehensive, and highest-priced ($32.95!) work of Crisis Lit yet, New York Times reporter Andrew Ross Sorkin’s epic Too Big to Fail, which clocks in at a whopping 539 pages (minus the index). “Too Big to Read,” you say? Not for Moe Tkacik, one of 7.6 million Americans left unemployed by the current recession, who has compiled this cheat sheet to the crisis literature thus far, complete with some highly subjective Moody’s-style ratings.* Read the whole story: Daily Intel

This post originally appeared at Campaign for America’s Future (CAF) at their Blog for OurFuture as part of the Making It In America project. I am a Fellow with CAF. This is Part II of Companies As Buy-And-Sell Commodities.

GlobalPost : BANGALORE, India — India’s politicians are arrayed against the country’s corporate class in a battle over excessive executive compensation, a subject that has recently become extremely sensitive across the globe. Two top members of Prime Minister Manmohan Singh’s cabinet have cautioned Indian corporations to curb what is deemed “vulgar” pay packages of their executives.