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To: bigheadfred

The so-called bonuses amount to 6 one-hundredths of one percent of the value of the value of the bailout. In the financial industry much of the compensation is conditional upon reaching certain goals. Satisfying the goals triggers end-of-year payments. These payments are not always dependent on the overall success of the company.


7 posted on 03/14/2009 7:38:49 PM PDT by jimfree (Freep and ye shall find!)
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To: jimfree
of the value of the value of the bailout.

An unnecessary extra level of indirection that I hope does not detract from the point.

8 posted on 03/14/2009 7:42:52 PM PDT by jimfree (Freep and ye shall find!)
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To: jimfree

than cue.


14 posted on 03/14/2009 8:15:09 PM PDT by Eric in the Ozarks
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To: jimfree

So, you are saying the reward for the success of (your) failure is not interdependent on the success of the failure of the company (you) work for? And that said reward is so miniscule in the overall rape being perpetrated on the average taxpayer that it is unworthy even of mention?

Outstanding!


16 posted on 03/14/2009 8:24:01 PM PDT by bigheadfred (Negromancer !!! RUN for your lives !!!)
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To: jimfree

One could make the same case for bribes paid to political leaders.


17 posted on 03/14/2009 8:28:00 PM PDT by hunter112 (SHRUG - Stop Hussein's Radical Utopian Gameplan!)
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