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To: SouthFloridaGuy who wrote (89467)10/30/2008 3:58:57 PM
From: Haim R. Branisteanu  Read Replies (2) | Respond to of 116555
 
Well there are so many "financial types" all over the world - people did nt learn from the DOT COM bubble and all that went on at the time as no one was punished seriously so one they must trow the book on them



To: SouthFloridaGuy who wrote (89467)10/31/2008 7:02:10 AM
From: Dan312 Recommendations  Read Replies (1) | Respond to of 116555
 
Re:
It's NOT THAT EASY.

If they don't pay bonuses, people will set up shop on their own, it's that simple. Or they simply pack up their bags and move to Hong Kong, Singapore, Dubai...


Great! Let those incompetent @ssholes move to "Hong Kong, Singapore, Dubai" and flush $Trillions of their investor savings down the toilet.

Anyone making more than about a half million a year is going to be spending more and more time worrying about managing his personal estate, car collection, and girl/boy friends than doing his job.

Especially when those embezzled "performance bonuses" come out of the savings of others to which a fiduciary duty is owed.



To: SouthFloridaGuy who wrote (89467)10/31/2008 10:30:28 AM
From: forceOfHabit6 Recommendations  Respond to of 116555
 
LIG,

It's like not giving stock option to your best computer programmers.

Finance firms, tech firms, law firms, consulting firms,...can only survive on human capital.


Whereas we all know the geeks who program computers are sub-human captial and can easily be dispensed with. Its the managers and executives (hi Bill Gates) who are the real backbone of our software industry, the driving force behind such technological marvels as, say, Windows Vista.

habit



To: SouthFloridaGuy who wrote (89467)10/31/2008 11:17:08 AM
From: maxncompany3 Recommendations  Read Replies (1) | Respond to of 116555
 
Fine. Let them pack their bags. Look what financial havoc and hell they created for so many millions of people. And we're supposed to be worried they might leave? Most of us would volunteer to help them get on the plane.