Spiritually speaking, shouldn't there be a law that if your company is getting bailed...

  • Thread starter Thread starter Failin '08
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Failin '08

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...out in the largest? corporate bailout in US (maybe world) history, the $25 million marked to go to your top executives over the next two years would be REDIRECTED into defraying the cost of the bailout ... particularly when these executives were managing the company WHEN it went bankrupt?

(this question presumes the bailout is even acceptable in the first place!!)
http://news.yahoo.com/s/nm/20080922/us_nm/financial_bailout_executivepay_dc_1
 
Not to worry, most of the people that caused this and got paid big bucks will still be paid big bucks and won't lose anything.

Capitalism, ya gotta luv it.

Btw, those that do lose their positons will now be known as victims. And will go from million dollar bonus' to maybe only a half million or so.
 
I think that the CEO's of these companies should not get a cent. These fat cats get out of paying a lot of personal tax anyway because they have high priced tax lawyers to work the system..I would be interested in seeing whether any of these CEO's have any integrity and give their corporate bonus's back to their companies.
 
Eh. The bailout is more of a loan.


If they can pay back the gov't on time, I don't care who they pay to do it.


If America gets a profit, thats one less dollar we'll owe to China when they take over the world :)
 
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