Tune in @ 4 pm: Simon vs. Cavuto

Today at 4 pm, Simon will appear on Fox News' Your Wold with Cavuto to discuss this morning's announcement from pay czar Kenneth Feinberg that mid-level executives at "bailout firms" cannot earn more than $500,000 a year. As Simon and the NDN Team have argued since the TARP funds were allocated, regulating some executive pay in the firms which received bailout money is a smart thing for the government to do. All loans come with conditions, and this condition--a few regulations on executive pay--encouranges banks to pay back the loans sooner rather than later. Evidence of this, as reported by Politico this afternoon:

Bank of America sent the federal government a check for $45 billion this week, completing its withdrawal from the TARP program. And Citigroup is in negotiations with government officials over how it will be allowed to exit as well.

So tune into Fox News at 4 pm today to watch Simon set the record straight with Cavuto.