Obama caps executive pay tied to bailout money

Discussion in 'Current Events' started by rayboyusmc, Feb 4, 2009.

  1. rayboyusmc
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    rayboyusmc Senior Member

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    Bout time. Let's see if they stop asking for our tax dollars now that they won't be able to use it to give themselves a bonus.

    Obama caps executive pay tied to bailout money - Yahoo! News
     
  2. manifold
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    manifold Diamond Member

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    Of course after they shit-can the incompetent incumbent executives, they'll not be able to compete for top quality replacements.
     
  3. sealybobo
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    sealybobo Diamond Member

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    While these companies are asking for tax payer help, $500k is more than enough. But once they pay us back, they can go back to raping the companies they run thru executive comp.
     
  4. rayboyusmc
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    rayboyusmc Senior Member

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    No, today I would bet they could find plenty of competent people with the skills required to run these organizations and make a profit. It's not like they were hiring the best and brightest to begin with.:lol:
     
  5. manifold
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    manifold Diamond Member

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    Maybe.

    But from where I'm sitting, this move smacks of all PR, no material substance or impact. But hey, I'm glad you and bobo are thrilled.
     

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