View Single Post
Old 09-28-2008, 02:29 PM   #11
xoxoxoBruce
The future is unwritten
 
Join Date: Oct 2002
Posts: 71,105
From Forbes magazine;
Quote:
Dodd proposed his own counter-proposal to Paulson's plan earlier this week. Among other things, it calls for limits on executive compensation at troubled firms and for the Treasury to take a contingent equity stake in those firms. On Tuesday, Paulson rebuffed both ideas, as it might discourage firms from participating in the bailout program.
Wait a minute... companies would refuse the bail-out because of limited executive compensation? They would let their companies go belly up, so they could walk away with bulging pockets? This tells me, if a firm dies, the executives should too... shoot every last one of them.
__________________
The descent of man ~ Nixon, Friedman, Reagan, Trump.
xoxoxoBruce is offline   Reply With Quote