Where are they going to GO???!!!

Wednesday, February 4, 2009

Obama to set executive pay limits

U.S. President Obama announces Sen. Gregg as his choice for Commerce Secretary at the Whit...
By Jeff Mason, ReutersWed Feb 4, 9:30 AM EST
President Barack Obama kicks off a campaign on Wednesday to rein in corporate compensation with rules limiting executive pay to $500,000 a year for companies getting taxpayer bailout funds in the future.
Obama, who sharply criticized Wall Street chiefs for accepting billions of dollars in bonuses last year while the economy staggered toward collapse, had promised compensation reform as part of a package of stricter regulations on the financial industry.


Yes, we have all seen this story - and here are the arguments against it.

From JP Morgan Chase CEO - because I care about HIS opinion.

From an apparently intelligent woman who lost her mind in a blog post.

And of course - some "expert" too.


My question is, "Where are these 'talented' people who ran companies into the ground going to get new jobs?"

What are they qualified to do? Create bad policy, risky lending markets, and big fat bonus checks for themselves?

Really? I mean really? You think they are going to jump to another company?



Mnmom said...

They need to stop their ridiculous whining.

themom said...

wah! wah!wah! Big old RICH crybabies...everyone of them. They need to get out and work an assembly line or just get down and dirty and EARN their money like the rest of us.

Copyright © 2015 · Designed by Pish and Posh Designs