This morning I took part in an event organized by Georgetown Law and the Aspen Institute: a conversation with Ken Feinberg, special master for executive compensation at firms receiving assistance under the TARP, followed by a panel discussion on some of the issues he raised, featuring Mike Oxley, Chris Brummer, John Olson and Nell Minow. Following last week's announcements on pay, the session was very well-timed.

Perhaps it is stating the obvious, but Feinberg is an extremely impressive man, with a remarkable appetite for difficult assignments. This may be his hardest job yet. I thought his comments were interesting. If you have a couple of hours to spare, you can watch video of the entire event here.