Free Republic
Browse · Search
News/Activism
Topics · Post Article

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)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: jbp1
I do believe that the top executives at the ‘failed’ banks should be held accountable in some manner.

According to WSJ reports on the meeting Paulson had with the first nine banks, some of them didn't want to participate, but he made them an offer they couldn't refuse.

I would agree that the executives at banks like JP Morgan and Wells Fargo (two of the first nine banks) should be 'held accountable' - they should get every nickle of their bonuses for keeping their banks out of trouble.
37 posted on 10/28/2008 6:52:01 PM PDT by javachip
[ Post Reply | Private Reply | To 19 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson