Quote:
Originally Posted by Ron
The 700 Billion Bailout package has been the subject on talk radio & the Radio host said something interesting, he said, "I can see that just as in a Hockey Franchise you pay top dollar to get a player (CEO) you think will produce.
That being said, if he doesn't produce, you don't hand him a big fat cheque (Parachute, Severence Package, Bonus, ETC)."
In essence, "YOU DON'T REWARD FAILURE!!!!!"
That being said, are you in favour of this package as is?
With modifications?
Should there be accountability for these CEO'S?
Should they be allowed to fade into the sunset with all the cash & live high on the hog with no accounting?
|
I will agree with a Bailout WHEN they come up with a plan to start AT THE TOP and start selling off the assets of the filthy rich who managed every corporation involved in this debacle AND take it out of their bank accounts FIRST, then go to every investment banker and every other individual not managing the companies that through their own efforts contributed to these things and you can include the members of congress and the house AND force each and every one of them that have stock in these companies to sell off first, and each and every one of these politicians that got monies from these corps as contributions...take all that money FIRST and apply it towards the companies...if the real deal is to save the companies.
Oh yes...appoint a third party with no ties to the rich or to party affiliation to investigate. Include in that an investigation of the central bank and the SEC chairman
And make sure THEY PAY TOO
Threaded Mode
