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To: cbkaty
Now partner...I never said I would approve of corruption.... Maybe I stretched the "don't care" statement, but no one put a gun to my head and forced me to buy the stocks I own....and yes one is Bank America and another is Wells Fargo....

No one put a gun to my head and forced me to buy my house. I still don't want it burglarized. As a shareholder, a person has a right to expect honesty from their management team. As shares have become more divested, it has become easier for management teams to steal from them. That is a real problem. I've never argued that there should be hard caps on compensation, there shouldn't, but that doesn't mean that there isn't a problem. Very few CEOs would be making what they are if they were working directly for a single shareholder instead of a boardroom full of their buddies.

My point was, I do not need Obama's or Barney Franks assistance.

I don't care for their involvement either, but these management teams have made a deal with the devil by sticking their hands into the public till.

90 posted on 02/04/2009 12:19:47 PM PST by SampleMan (Community Organizer: What liberals do when they run out of college, before they run out of Marxism.)
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To: SampleMan
I don't care for their involvement either, but these management teams have made a deal with the devil by sticking their hands into the public till.

You are correct...now go to the head of the class....! Those that choose to drink the "Federal Kool-Aid" must suffer the indigestion, nausea, and finality of Guyana bloating.

104 posted on 02/06/2009 6:08:19 AM PST by cbkaty (I may not always post...but I am always here......)
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