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Waxman eyes CEO pay at banks getting government cash
al Reuters ^ | 10/28/2008

Posted on 10/28/2008 5:44:55 PM PDT by markomalley

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This is the problem with socialism. Since the US Government owns a stake in these banks, they now have the business to ask those questions (which should be none of their business).

Typically, I would make a snide comment about how slimy Waxman is (and he is a slimy piece of work, by the way). But, as a shareholder in those banks, he has every right to ask that question.

The LOT of the socialists in this country should be ... (redacted)

1 posted on 10/28/2008 5:44:57 PM PDT by markomalley
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To: markomalley

I question Waxmans compensation.


2 posted on 10/28/2008 5:46:46 PM PDT by driftdiver (No More Obama! - The corruption has not changed despite all our hopes.)
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To: markomalley

Waxman is a socialist pig from the go.


3 posted on 10/28/2008 5:46:54 PM PDT by xcamel (Conservatives start smart, and get rich, liberals start rich, and get stupid.)
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To: markomalley

we should be shareholders, not waxman or other politicians


4 posted on 10/28/2008 5:47:05 PM PDT by ari-freedom (Obama: If we are going into war, then all of us go, not just some.)
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To: markomalley

Completely agree with you Mark!

Here is something I can not seem to understand. If you run a company and it fails, how the hell could you expect a bonus at all?


5 posted on 10/28/2008 5:48:55 PM PDT by sociallyunacceptable (Charlie's tax problem)
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To: markomalley

I hope they only send him an Annual Report. That’s what all the other stock holders receive.


6 posted on 10/28/2008 5:49:23 PM PDT by mia
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To: markomalley
Nostrilbumbass has "Obama-ears".


7 posted on 10/28/2008 5:49:43 PM PDT by traditional1 ("The American presidency is not supposed to be a journey of personal discovery")
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To: xcamel

waxman on oversight commitee,,wow,,thats a laffer,,he should be behind bars


8 posted on 10/28/2008 5:50:07 PM PDT by coalman (type to slow to be relevant,but I try)
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To: markomalley

Waxman need not venture out during a hard rain. He’d drown.


9 posted on 10/28/2008 5:50:07 PM PDT by RushIsMyTeddyBear
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To: markomalley

Exactly right. Waxman’s slimy, but the banks are now government owned. I do wish someone would look into Waxman & Co.’s salaries though.


10 posted on 10/28/2008 5:54:06 PM PDT by VR-21
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To: traditional1

Appears Henry’s mamma would pick him up by his ears to show the neighbors the result of Henry chasing parked cars during his young years.


11 posted on 10/28/2008 5:55:11 PM PDT by A_Tradition_Continues (formerly known as Politicalwit ...05/28/98...Ain't no Newbie!)
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To: traditional1

and a Homer Simpson mouth


12 posted on 10/28/2008 5:57:05 PM PDT by rahbert
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To: A_Tradition_Continues
LOL...

Who was it that said, "He was so ugly, when he was born, the doctor slapped his mother!"

13 posted on 10/28/2008 5:58:17 PM PDT by traditional1 ("The American presidency is not supposed to be a journey of personal discovery")
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To: driftdiver

Oh, relax. Everyone’s pay will be limited ... except Congress.


14 posted on 10/28/2008 5:58:43 PM PDT by K-oneTexas (I'm not a judge and there ain't enough of me to be a jury. (Zell Miller, A National Party No More))
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To: traditional1

Man that is one sick Halloween costume.


15 posted on 10/28/2008 5:59:15 PM PDT by School of Rational Thought (Sarah Palin - High ideals on high heels)
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To: markomalley

I love the slow steps into socialism we are taking. Give the government control of companies, then give this same government control over employees pay and their compensation.

Once upon a time all this was controlled by the stock holders … alas, a thing of the past.

I’m a firm believer that this whole “bailout” mess would have righted itself if the government had stayed out of it. Now! No chance … the downhill spiral has started. Bye, bye American economy. :-(


16 posted on 10/28/2008 5:59:48 PM PDT by doc1019 (Obama IS running against Palin)
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To: markomalley

we need an organization that takes

u.s. congress people and holds them responsible.

barney frank and chris dodd should be investigated.


17 posted on 10/28/2008 5:59:58 PM PDT by ken21 (people die and you never hear from them again.)
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To: sociallyunacceptable
Here is something I can not seem to understand. If you run a company and it fails, how the hell could you expect a bonus at all?

If the CEOs are able to negotiate something in their compensation packages, they should be able to get whatever they negotiate. The question I have is: are CEOs that scarce a resource where they are able to negotiate these obscene compensation packages??? If not, the Boards of Directors are not doing their jobs and should be fired at the next annual meeting!

18 posted on 10/28/2008 6:02:33 PM PDT by markomalley (Extra ecclesiam nulla salus)
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To: markomalley; All

although I agree that the government getting involved sucks, I do believe that the top executives at the ‘failed’ banks should be held accountable in some manner. First off, no bonuses and no raises for them until the institution turns the corner. No golden parachute.

btw, this ‘war on recession’, shouldn’t the politicians have put together an exit strategy.........

oh, that’s right, the government is going to ‘make money’ off of this. silly me


19 posted on 10/28/2008 6:03:07 PM PDT by jbp1 (be nice now)
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To: ken21
This ia a head fake to draw attention to the RAT for allowing this to happen.
Maybe after the election Palin will do something, partisan...
20 posted on 10/28/2008 6:05:47 PM PDT by MaxMax (I'll welcome death when God calls me. Until then, the fight is on)
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