Obama slaps $500K max on salaries for failed bank execs *business not politics*

[Raddicted]

A-fucking-men. And I still think that is too high a reward for failure.

http://news.yahoo.com/s/ap/20090204/ap_on_go_pr_wh/bailout_executive_pay

 

[gonyofam3]

A-fucking-men. And I still think that is too high a reward for failure.

http://news.yahoo.com/s/ap/20090204/ap_on_go_pr_wh/bailout_executive_pay

:word:

 

[MkVBlkMgc]

Those bastards should be paying us!

 

[skacoreimplore]

good news indeed =D

 

[argue53]

NICE... at leasts its a start

 

[julito04]

damn, I wish this would have been done alot sooner..*cough bush cough*. I work for Citi and im damn glad that this is happening.

 

[absoluteczech]

fuck yea

btw they said it was gonna happen and it is... socialism...

 

[KingOfJericho]

Job well done = Reward

Job failure = No reward

It has nothing to do with socialism... You loan your neighbor $100K to keep him from going into foreclosure and he shows up the next day in a brand new Porsche, you'd be pretty pissed.

 

[Pirate King]

The fact they are getting ANY money is appalling.

 

[Si Killer]

The fact they are getting ANY money is appalling.

true but at least something was done.

 

[fairladyz_gt-r]

Job well done = Reward

Job failure = No reward

It has nothing to do with socialism... You loan your neighbor $100K to keep him from going into foreclosure and he shows up the next day in a brand new Porsche, you'd be pretty pissed.

X123456789

I would be piss if they even show up in a new Hyundai!

 

[absoluteczech]

It has nothing to do with socialism...

that the government is controlling ones pay?

 

[KingOfJericho]

that the government is controlling ones pay?

When they are the ones paying them, you bet your ass.

 

[Jeffh97]

fuck yea

btw they said it was gonna happen and it is... socialism...

we have been a socialist country for quite some time now. Regardless i do not think this is a bad move. They want government money they should have to play by government rules.

 

[agpatel]

The banks dont have to ask for the money, if they dont want the cap then they dont need to ask for the money. You want to get the money, play by the rules set by the person lending it to you. No one is controlling the pay of anyone, they are just saying hey you want $30b, well u can have it but you cant make more then $500k if you cant live with that then dont ask us.