President Barack Obama imposes $500,000 caps on senior executive pay for the most distressed financial institutions receiving federal bailout money, saying Americans are upset with "executives being rewarded for failure." - 2009
January 29, 2009
Newly-elected President Barack Obama signs the Lilly Ledbetter Fair Pay Act, making it easier for women and minorities to win pay discrimination suits - 2009
January 26, 2009
A handful of American companies announce nearly 60,000 layoffs today, as the recession that began during the George W. Bush presidency charges full-tilt toward what has become known as the Great Recession - 2009
