They’re still only using a “Have-a-Heart” trap instead of d-Con. If the Republi-con hadn’t taken away restraints, and corrections had been started by 2003 when the handwriting was on the wall, we might have saved the economy. But Bush twiddled his thumbs as these dudes fiddled the books.
Amazing how selective memory works….Left wing organizations such as ACORN (lets not forget Obama was their lawyer) that sued the big banks forcing them to lower the lending standards so the poor people could buy houses too….Who out there actually thinks any bank/banker would lend money to people who can’t pay it back without having a gun held to their heads. This is what caused the mess we are in. Now I don’t condone the greed and deception, however, the people who took the loans knowing full well they couldn’t pay it have to take responsibility. I think it’s nuts that those of us who actually pay our bills should have to foot the bill. Now, the bonus’s at companies that were failing and needed to be bailed out is incredulous, but the government telling people how much they get paid is a very slippery slope….We need less government and more of letting free enterprise work. If you fail, then so be it…there are plenty to pick up the slack….
Actually I dont see a problem here. Forever companies have told us that these bonuses and salaries are approved by the shareholders. But the fact is that the shareholders are easy to keep in the dark, I mean ask anyone at Tyco, WorldComm, Eron, etc. The only person who can dictate the rules is the majority shareholder, who regularly would fire people, cancel bonuses or cut pay. It just so happens that the majority shareholder is now the US government, which is bad for the board because they now have a shareholder that is going to do what the people want, which is to cut pay. I say, kudos to the US for finally stepping in and putting a stop to this pay maddness. We in Europe are a larger and stonger economy than the US, and we pay our top people 1%-10% of what you Americans pay yours and we dont have retention issues nore problems generating profit.
nomad2112 over 14 years ago
Is that a chain or a string of loop holes to the left?
Kylop over 14 years ago
Lisa, I’m impressed.
Kosher71 over 14 years ago
Oh snap !
cjr53 over 14 years ago
Good, that is my money and your money these selfish CEOs are grubbing from our pockets.
If they ran the company correctly, they wouldn’t be needed to grub money from our Federal Treasury, our pockets.
Dtroutma over 14 years ago
They’re still only using a “Have-a-Heart” trap instead of d-Con. If the Republi-con hadn’t taken away restraints, and corrections had been started by 2003 when the handwriting was on the wall, we might have saved the economy. But Bush twiddled his thumbs as these dudes fiddled the books.
Kylop over 14 years ago
NeoconMan…please. You’re only pretending you’re not getting you’re bonus now. Going a year without a bonus would give you a heart attack.
mark.dillon over 14 years ago
…by his own petard!
chfields over 14 years ago
Amazing how selective memory works….Left wing organizations such as ACORN (lets not forget Obama was their lawyer) that sued the big banks forcing them to lower the lending standards so the poor people could buy houses too….Who out there actually thinks any bank/banker would lend money to people who can’t pay it back without having a gun held to their heads. This is what caused the mess we are in. Now I don’t condone the greed and deception, however, the people who took the loans knowing full well they couldn’t pay it have to take responsibility. I think it’s nuts that those of us who actually pay our bills should have to foot the bill. Now, the bonus’s at companies that were failing and needed to be bailed out is incredulous, but the government telling people how much they get paid is a very slippery slope….We need less government and more of letting free enterprise work. If you fail, then so be it…there are plenty to pick up the slack….
Magnaut over 14 years ago
CEO should read WTP…we the people that’s who TARP trapped
a.c.d over 14 years ago
Actually I dont see a problem here. Forever companies have told us that these bonuses and salaries are approved by the shareholders. But the fact is that the shareholders are easy to keep in the dark, I mean ask anyone at Tyco, WorldComm, Eron, etc. The only person who can dictate the rules is the majority shareholder, who regularly would fire people, cancel bonuses or cut pay. It just so happens that the majority shareholder is now the US government, which is bad for the board because they now have a shareholder that is going to do what the people want, which is to cut pay. I say, kudos to the US for finally stepping in and putting a stop to this pay maddness. We in Europe are a larger and stonger economy than the US, and we pay our top people 1%-10% of what you Americans pay yours and we dont have retention issues nore problems generating profit.
parkersinthehouse over 14 years ago
hey waitaminit
chfields sounds a little liiiiiike …
(misuse of incredulous -)