Bank pay control, UNBELIEVABLE

[Ravi]

Performance bonuses are in the contracts between the companies and their executives.

You really need to throw in the towel on your faux naivete act.....It's not working anymore.

If there is any naivete it is on the part of the companies and the employees that think the federal government is going to pay their bonuses.

If I took a job with one of these banks, knowing they took bailout money, I'd not be sure of what my bonus would be. But if you think they are that stupid then perhaps you should question their judgment. Not that I expect you will.

Irrelevant.

The lack of an Article 2 enumerated power means that the Executive is operating beyond the range of his lawful bounds.

Were this Shrubbie or McGoofball, I'd be saying the same thing.

The government is breaking no contracts. The banks agreed to certain terms when they took the money...one of which was not paying reckless bonuses. If anyone is breaking the contract it is the banks. But I understand the typical mindset of people who think their own bad actions are always the fault of the government.

As for Willow's continuous whine about Goldman Sachs...they paid back the money months ago.

BUT, we should demand the government reregulate the banking industry period instead of just focusing on this one aspect.

 

[froggy]

Fed proposes to police bank pay for 1st time - Yahoo! News

By what authority does the Federal Government think it has to dictate pay to private institutions? Someone provide me with a link to the clause in the Constitution that permits this.

This crap is unbelievable. And the left will all harp how it is just the right thing to do.

i bet you believed everything george dubba bush said.

 

[WillowTree]

I heard yesterday that one of these guys is going to have to take a 50% pay cut. From $38 million all the way down to $19 million.

I wonder how he'll manage to get by?

The problem is, where does the government stop. When do they start dictating to everyone including you what your compensation is going to be.

I guess when the company I work for gets run into the ground and bailed out by taxpayers.

so maybe you can explain why Goldman Sachs and GE aren't on the list.

 

[Article 15]

The problem is, where does the government stop. When do they start dictating to everyone including you what your compensation is going to be.

I guess when the company I work for gets run into the ground and bailed out by taxpayers.

so maybe you can explain why Goldman Sachs and GE aren't on the list.

Goldman Sachs paid back the money we gave them.

Does GE even fall under what the OP is about?

 

[Ravi]

GE has either paid it back or is in the process of paying it back.

Willow is either stupid or lazy.

 

[Contumacious]

I guess when the company I work for gets run into the ground and bailed out by taxpayers.

so maybe you can explain why Goldman Sachs and GE aren't on the list.

Goldman Sachs paid back the money we gave them.

Does GE even fall under what the OP is about?

Goldman Sachs ALLEGEDLY paid back the money we gave them. You simply do not know if that is true.

.

 

[Ravi]

so maybe you can explain why Goldman Sachs and GE aren't on the list.

Goldman Sachs paid back the money we gave them.

Does GE even fall under what the OP is about?

Goldman Sachs ALLEGEDLY paid back the money we gave them. You simply do not know if that is true.

.

I hear we allegedly landed on the moon, too.

GS and GE have paid back the money...and are not issuing loans backed by the government any longer. Other companies have not paid back the money and continue to issue loans backed by the government.

It really isn't rocket science.

 

[Contumacious]

Goldman Sachs paid back the money we gave them.

Does GE even fall under what the OP is about?

Goldman Sachs ALLEGEDLY paid back the money we gave them. You simply do not know if that is true.

.

I hear we allegedly landed on the moon, too.

GS and GE have paid back the money...and are not issuing loans backed by the government any longer. Other companies have not paid back the money and continue to issue loans backed by the government.

It really isn't rocket science.

So I take it that - somehow - you have PERSONAL KNOWLEDGE of this events - you have seen photocopies of the cancelled checks - or are you just gullible and naive.

.

 

[Article 15]

Goldman Sachs ALLEGEDLY paid back the money we gave them. You simply do not know if that is true.

.

I hear we allegedly landed on the moon, too.

GS and GE have paid back the money...and are not issuing loans backed by the government any longer. Other companies have not paid back the money and continue to issue loans backed by the government.

It really isn't rocket science.

So I take it that - somehow - you have PERSONAL KNOWLEDGE of this events - you have seen photocopies of the cancelled checks - or are you just gullible and naive.

.

Oh, I get it now.

You're a nutter.

 

[Contumacious]

I hear we allegedly landed on the moon, too.

GS and GE have paid back the money...and are not issuing loans backed by the government any longer. Other companies have not paid back the money and continue to issue loans backed by the government.

It really isn't rocket science.

So I take it that - somehow - you have PERSONAL KNOWLEDGE of this events - you have seen photocopies of the cancelled checks - or are you just gullible and naive.

.

Oh, I get it now.

You're a nutter.

Oh, I get it now.

You're a nutter.

 

[Zoom-boing]

Nope. The AIG bailout was engineered in the fall of 2008. That is was done in the spring of 2009 is a lie.

AIG received 3 bailouts. The Last one was engineered in March 2009.

Mar 2009
National News
U.S. Commits Another $30 Billion To Bolster AIG; P/C Business Spinoff Planned

Ah, you're right. I was thinking bonuses not bailouts. Thanks.

 

[Ame®icano]

I heard yesterday that one of these guys is going to have to take a 50% pay cut. From $38 million all the way down to $19 million.

I wonder how he'll manage to get by?

The problem is, where does the government stop. When do they start dictating to everyone including you what your compensation is going to be.

Since government owns car companies, maybe they should cut the salaries and wages of union employees too?

 

[Care4all]

I heard yesterday that one of these guys is going to have to take a 50% pay cut. From $38 million all the way down to $19 million.

I wonder how he'll manage to get by?

The problem is, where does the government stop. When do they start dictating to everyone including you what your compensation is going to be.

Since government owns car companies, maybe they should cut the salaries and wages of union employees too?

good morning americano!

....you need to do some research instead of just believing what someone with a skewed view tells you...honestly...it's okay to pick a "side" to be on, it really is....BUT FAIR WARNING....things that ones own side tells them, are not always the case...at least I have found such, with my own side....always try to do a google of what the other side is saying, or in this case, what did the auto union workers give up? as a google....

here is just one link regarding such...

US auto union offering major contract concessions

 

[ba1614]

The problem is, where does the government stop. When do they start dictating to everyone including you what your compensation is going to be.

Since government owns car companies, maybe they should cut the salaries and wages of union employees too?

good morning americano!

....you need to do some research instead of just believing what someone with a skewed view tells you...honestly...it's okay to pick a "side" to be on, it really is....BUT FAIR WARNING....things that ones own side tells them, are not always the case...at least I have found such, with my own side....always try to do a google of what the other side is saying, or in this case, what did the auto union workers give up? as a google....

here is just one link regarding such...

US auto union offering major contract concessions

That's saying there was a proposal to concede the jobs bank program. Did they actually give that up? Or is there a link that states what they actually gave up in concessions? Rather than what was proposed to be given up.

 

[bodecea]

so maybe you can explain why Goldman Sachs and GE aren't on the list.

Goldman Sachs paid back the money we gave them.

Does GE even fall under what the OP is about?

Goldman Sachs ALLEGEDLY paid back the money we gave them. You simply do not know if that is true.

.

Right.

 

[bodecea]

I heard yesterday that one of these guys is going to have to take a 50% pay cut. From $38 million all the way down to $19 million.

I wonder how he'll manage to get by?

The problem is, where does the government stop. When do they start dictating to everyone including you what your compensation is going to be.

Since government owns car companies, maybe they should cut the salaries and wages of union employees too?

Sure...they are the government. They can willy nilly ignore contracts can't they? That Rule of Law thing is just a myth.

 

[Darkwind]

Fed proposes to police bank pay for 1st time - Yahoo! News

By what authority does the Federal Government think it has to dictate pay to private institutions? Someone provide me with a link to the clause in the Constitution that permits this.

This crap is unbelievable. And the left will all harp how it is just the right thing to do.

They get the authority from the Dear Leader of course.

 

[Darkwind]

The problem is, where does the government stop. When do they start dictating to everyone including you what your compensation is going to be.

Since government owns car companies, maybe they should cut the salaries and wages of union employees too?

Sure...they are the government. They can willy nilly ignore contracts can't they? That Rule of Law thing is just a myth.

Oh, I don't know. They are ignoring the contracts of many CEO's when they cut pay by 95%.

Seems the unions should be fair game as well.

 

[Darkwind]

Or how about the contracts that gave many employees a retention bonus? Seems to Me that Congress was more then willing to break the law and create legislation specifically targeting a certain number of citizens if they did not give back what they were legally entitled to.

 

[bodecea]

Since government owns car companies, maybe they should cut the salaries and wages of union employees too?

Sure...they are the government. They can willy nilly ignore contracts can't they? That Rule of Law thing is just a myth.

Oh, I don't know. They are ignoring the contracts of many CEO's when they cut pay by 95%.

Seems the unions should be fair game as well.

The CEOs are the ones making the decisions to accept government money. The unions not so much.