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Strategies & Market Trends : Value Investing

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To: Jurgis Bekepuris who wrote (32201)	9/29/2008 6:03:26 PM
From: valueminded	3 Recommendations Read Replies (2) of 78669

Jurgis: This bill was a bad idea and I seriously doubt it would work anyway. Bad assets need to be marked to market and sold. Companies that invest badly should not be rewarded. If they really wanted to do it right, they would have put simple provisions in place like salary cap on any company taking plan, elimination of retirement, golden parachute and all stock options of senior management. Their refusal to put some limits on the clowns that got us into this mess is wrong. I am not interested in paying my taxes to subsidize their salaries. Glad someone in government had the foresight to vote it down. PS - My business can still get credit. (Yes it is more expensive, but it is available)

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