Wall Street’s influence in government keeps any real plans to control or cap CEO pay from becoming reality

Politicians love to beat up on overpaid CEOs. In the wake of the 2008 financial crash, Republican presidential candidate John McCain lashed out at executives of bailed-out banks, calling for their pay to be cut to the salary level of the President of the United States, $400,000 a year. President Barack Obama has been even tougher,…