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Politics : Politics of Energy -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (2925)	10/28/2008 11:23:17 AM
From: Hawkmoon	Read Replies (1) \| Respond to of 86355

I don't disagree.. if the company is going bankrupt. This is apparently the case with regard to AIG. But remember the treasury forced all the major banks to take that money in the interest of avoiding designating any particular bank as vulnerable. The CEO of Wells Fargo didn't want the money, and thus his severance package agreements should not be assumed to have been "bailed out". We're not far from agreement on this matter. I think we both disdain bailing out negligent and corrupt financiers with taxpayer dollars. If they trashed their company they should not be rewarded. Just as we shouldn't reward legislators for enacting policies that created/facilitated this mess in the first place and then told us there wasn't any problem. Hawk