Furthermore, there are lots of jobs out there that work is performed by contract, commission or by the piece.
What makes these feckless, corrupt thieve any different. Their pay should be based upon performance.
All that I am illustrating is this. All of these guys received millions to run their respective companies into the ground. Now they want ordinary, working-class taxpayers to bail them out while they still keep their ill-gotten millions.
I say no!
If there is to be a bailout, I want collateral. I want them to put up their homes, buildings, planes, foreign and domestic monetary assets, their mistresses, wives, kids and anything else that has value.
Then we might consider a loan. Period!!
You're painting with a broad brush. Not all these guys ran their companies into the ground. Many of the current execs have been brought on board only recently to fix their various crises.
The WaMu payout is not taxpayer money. And I understand why many companies want to pay top dollar for top talent.