Bush Live - Speech on Corporate Responsibilty

MSNBC

[Sub-Driver]

Says Fraudulent CEOs Should Lose All Compensation

[Right_in_Virginia]

...and do it in plain English.

[nicmarlo]

I'll have to wait for Rush too. I don't have speakers on my computer at work. But thanks anyways.

[Miss Marple]

Also, business schools should teach right and wrong and not succumb to situational ethics.

[RooRoobird14]

LOL!!!! The address is GREAT!! Little Tommy D@sshole is now soiling his shorts since Bush beat him to the punch with an Executive Order. LOLOLOLOL!!!

[Miss Marple]

I liked it when he called the new fraud group he created by executive order the "coorporate fraud SWAT team." LOL!

[nicmarlo]

they are going to be held personally responsible for their company's books.

puts the CEOs et al on the line, legally AND financially

This is very good news for people....the corporate world needs to be accountable, something the Prez has been stressing for a long time.

[Mo1]

Bush beat him to the punch with an Executive Order. LOLOLOLOL!!!

You caught that too ..

GO MR. PRESIDENT!!!

[mtngrl@vrwc]

The hildabeast was in the room during Bush's speech. I wish they had showed her applauding/sitting on her hands when those listening clapped to show their approval of what the president was saying.

[Right_in_Virginia]

Agreed.

Plus, the president did clearly say that what we are seeing now was brewing for a long time...through the 1990's.

Kindda wished the camera had panned Hillary on that one.

[Howlin]

Wow......look at that market graph! The greedsters are NOT happy.

[cactusSharp]

ditto Miss Marple...swat this democrats

[ohioWfan]

"There is no capitalism without character." Best line in the speech, IMO.

[nicmarlo]

business schools should teach right and wrong and not succumb to situational ethics

EXCELLENT!!!!!

[Howlin]

Was she there?

Did he say that all P&L for the last year should be reviewed?

[dogbyte12]

CEO compensation has always ticked me off. If they make the company a ton of money, fine. Pay them off like there is no tomorrow. But sometimes, they lock these incentives in, no matter the stock price or earnings, and if the company starts going south, they still pay millions to the CEO, while the shareholders and workers get screwed in the process. If a company clears 3 million in profit, then gives a 4 million bonus to the CEO, who other than the CEO gains by this arrangement?

[SwatTeam]

I liked it when he called the new fraud group he created by executive order the "coorporate fraud SWAT team." LOL!

I kinda liked that too! LOL

[Carolinamom]

I love a man that speaks plainly and clearly.....no ambiguities here! AND he means what he says.....not just mouthing words.

[mtngrl@vrwc]

Plus, the president did clearly say that what we are seeing now was brewing for a long time...through the 1990's.

He purposely said through the late 1990's. LOL!

[nicmarlo]

If you have ill gotten gains,you will give it back

Wow!!! That's incredibly strong....gotta love Bush.

[Howlin]

Can you find the speech itself?