bailing out AIG, et al....how about some payback??

[rnch]

pay packages for top officals in these organizations is SUPPOSED to be based on performance, right?

i suggest that any and all corporations that take advantage of the overly generous bailout offer should have their salaries reduced and their "golden parachute" retirement packages eliminated, it not greatly reduced.

WHY should CEO's get paid so generously for FINANCIAL DISASTERS that happened during their time at the top???

 

[Arabian]

+10000000000000000000000000000000000000000000000000000000000000000000000 agreed pal

 

[goin on 4T]

I think he is going to be in a little trouble. I don't believe he end up keeping the $20m...

 

[Arabian]

I think he is going to be in a little trouble. I don't believe he end up keeping the $20m...

He is under contract regardless so he gets paid...

 

[rnch]

YOUR tax dollars at work!

 

[ortiz34]

Holy repost, on a topic put to bed by peeps with financial backrounds on this board (75th, Jnev)
AND the goverment has answered why they HAD to do this.

 

[rnch]

Holy repost, on a topic put to bed by peeps with financial backrounds on this board (75th, Jnev)
AND the goverment has answered why they HAD to do this....

yes, i have read the official "explanations" and i don't buy all of it...if they (AIG and others) want the taxpayer's bail out money bad enough they can agree to a few salary/benefit/golden parachute madifications.


i STILL say....FUCK 'EM.

let 'em all sick or swim.

it all boils down to this simple question: why should MY/YOUR/OUR tax dollars be used to bail out THEIR bad decisions?

 

[Arabian]

Dont make Rnch fire up the oleeeeeeeeeeeeeeeeeee Enola Gayyyyyyyyyyyyyyyyyyyyy lmao./// Rnch that was the funniest thread ever that night/lmao

 

[Razorguns]

Your payback is keeping yoru job. So you can wake up in the morning and head to work like the other happy little lemmings.

r

 

[slat1]

I deal with these types of institutions on a daily basis.
Crazy money.
Its mindnumbing!