Sen. Dianne Feinstein on executive compensation for the bailout

This is part of an email response Sen. Dianne Feinstein (D-CA) is sending to constituents who contacted her opposing the bailout.

Californians are frosted by the absence of controls on executive compensation. Virtually all of the 50,000 phone calls and letters mentioned this one way or another. There must be limits. I am told that the reason the Treasury Secretary does not want limits on executive compensation is because he believes that an executive then will not bring his company in to partake in any program that is set up. Here is my response to that: We can put that executive on his boat, take that boat out in the ocean, and set it on fire.

This is extraordinarily blunt language for a senator to use.