Bad Bank Salaries, Good Freddie Salaries

Discussion in 'Current Events' started by Annie, Oct 25, 2009.

  1. Annie
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    Annie Diamond Member

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    Guess it's ok for nearly fully owned bailed out financial:

    ALL BUSINESS: Generous pay for new Freddie Mac CFO - BusinessWeek

     
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  2. Big Black Dog
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    Big Black Dog Gold Member Supporting Member

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    I don't necessarily think it's a good thing for CE0's to be getting these huge bonus checks every year but I also don't think it's any of the government's business either. Some say because of the government bailout checks it's only fair but to be honest with you, the government had no business bailing these companies out of their financial woes either. Two wrongs don't make a right.
     
  3. CrusaderFrank
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    CrusaderFrank Diamond Member

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    Maybe they can hire Jamie Gorelick or Robert Rubin or Bernie Madoff?
     
    Last edited: Oct 25, 2009
  4. Big Black Dog
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    Big Black Dog Gold Member Supporting Member

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    Good idea, CruisaderFrank. Bernie Madoff is probably tired of making license plates already...
     
  5. CrusaderFrank
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    CrusaderFrank Diamond Member

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    It like Gomez Adams is running the government.
     
  6. Big Black Dog
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    Big Black Dog Gold Member Supporting Member

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    I bet Lurch would be a better Sec. of State than Hillary!:lol:
     
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  7. Vel
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    Vel Gold Member

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    Now I wonder how the Obama adminstration will square the Freddie Mac salaries with this..
    *******************************
    Obama pay czar to slash executive salaries - Yahoo! Canada News


    WASHINGTON (AFP) - The Obama administration's corporate pay czar will Thursday impose slashing cuts of up to 90 percent on cash salaries of top executives of firms bailed out with billions of dollars of taxpayer funds.
    Some of the toughest pay restrictions will come at the financial-products unit of AIG, blamed for the insurance giant's near-collapse at the height of the crisis, the Journal said.
    No employee within that unit will receive compensation of more than 200,000 dollars, it said, citing people familiar with the matter.
     
  8. WillowTree
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    WillowTree Diamond Member

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    all best buds of ACORN get a pass donchyaknow?
     
  9. garyd
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    garyd Senior Member

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    And more hypocrisy from the left. They still think the only people who ought to have any money are goverment workers or near government workers.
     
  10. WillowTree
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    WillowTree Diamond Member

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    Librals not present. :lol::lol::lol::lol::lol:
     

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