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To: JasonC
including the CEO

I suppose they are now in the process of collecting his bonuses for the past 5 years when all of this nonsense was going on, too.

And in case there is any doubt, I don't confuse the run of the mill employee or the guy who has some shares of this in his porfolio with the officers of the company that run all of this stuff. But you seem to.

260 posted on 03/13/2008 1:36:56 PM PDT by AndyJackson
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To: AndyJackson
The senior execs all are paid mostly in stock or options, and the worse the stock does the less they get paid. Of course they are all much poorer than they would be if the stock were still at $50.

In the long run, there is no way for issuance of new credit to be the great deal you pretend, and bank debts such a lousy investment, without it resulting in bank stocks outperforming bank debts. You can be a banker in the economically relevant sense before tomorrow's market close. If you don't choose to be, it is because you are well aware your slanders of modern finance are lies.

263 posted on 03/13/2008 1:40:53 PM PDT by JasonC
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