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Thread: Break more - get more: Walll Street at its best

  1. #1
    Member Member Oleander Ardens's Avatar
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    Default Break more - get more: Walll Street at its best

    How to break the system and get rewarded for it

    If somebody profits from the financial havoc caused by the executives it is - well them? In the end these 40 Billions are well deserved for prudent leadership and hard work, for the greater good of us all. I mean if you want the best you must pay them best - and the best they are, or not?
    Last edited by Oleander Ardens; 10-31-2008 at 16:49.
    "Silent enim leges inter arma - For among arms, the laws fall mute"
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  2. #2
    Iron Fist Senior Member Husar's Avatar
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    Default Re: Break more - get more: Walll Street at its best

    The article suddenly ends for me:

    But overlooked in these efforts is the total size of debts that financial firms receiving taxpayer assistance previously incurred to their executives, which at some firms exceed what ...
    is the last thing I can read.

    On topic though, I think I've said before that i like the german idea where companies only get the taxpayer money if they cut their managers' pay, give no bonuses etc. etc. so they won't get rewarded for taking taxpayer money to fix their problems. That is, if it actually works and they won't find any loopholes etc.


    "Topic is tired and needs a nap." - Tosa Inu

  3. #3
    Poll Smoker Senior Member CountArach's Avatar
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    Default Re: Break more - get more: Walll Street at its best

    Quote Originally Posted by Husar View Post
    On topic though, I think I've said before that i like the german idea where companies only get the taxpayer money if they cut their managers' pay, give no bonuses etc. etc. so they won't get rewarded for taking taxpayer money to fix their problems. That is, if it actually works and they won't find any loopholes etc.
    Yeah our equivalent is similar, involving a cap on Executive salaries.
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