Break more - get more: Walll Street at its best

[Oleander Ardens]

How to break the system and get rewarded for it (http://online.wsj.com/article/SB122542331644887249.html#articleTabs%3Darticle)

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?

[Husar]

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.

[CountArach]

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.