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Strategies & Market Trends : ahhaha's ahs

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To: ahhaha who wrote (13183)1/30/2009 2:25:32 PM
From: ElsewhereRead Replies (2) of 24758
 
I heard what he said. He blanket criticized execs taking bonuses.

You heard but did not pay attention. Here's the video scene:
de.youtube.com

If the stock market falls, yet an exec at a WS firm has done a good job, then why shouldn't the exec get a bonus?

Maybe terminating MER was a good job, yes.

Capitalist corporations serve demand. They don't serve what's stylish, proper, and politically correct after the fact.

It's a standard capitalist practice to renegotiate compensation after a change of ownership. Those financial institutions who ran to mother state and cried for protection have to accept her rules. He who pays the piper calls the tune.
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