Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: microhoogle! who wrote (89516)	10/31/2008 7:34:53 PM
From: Little Joe	3 Recommendations Read Replies (1) \| Respond to of 116555

"True they deserve to make more, " You are kidding right. They could have paid any fool whose name they picked from a phone book to bankrupt them. Little joe

To: microhoogle! who wrote (89516)	10/31/2008 7:46:57 PM
From: SouthFloridaGuy	Read Replies (1) \| Respond to of 116555

Look I agree that the Execs - MD and above should get NOTHING, NOTHING. It's disgusting they would even think to pay themselves after a year like this. But don't severely punish those below with goose eggs, especially in this economy. Many will have to be let go, sure, because the business is too big...but those who are "qualified" to stay shouldn't be punished further. There is still business, there were still OPERATING profits. The question is one of short-term solvency, not long-term viability. Many of them are the backbone of the business - much of which still has relevance to our everyday life. It could be the secretary, execution trader or pension fund sales broker. These are the people who tip the taxi cab drivers, waiters, give presents to the door-men, etc. The big guys are the MIS-managers of it all. The firms would function perfectly without them, truthfully.