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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: GraceZ who wrote (164571)11/15/2008 1:30:51 PM
From: JillRead Replies (1) | Respond to of 306849
 
I understand, you are saying that AIG employees deserve special compensation even though without my taxpayer dollars they would be out of business. Therefore I have to take MY hard earned dollars, even if I'm laid off! at one of the many companies laying people off all over the entire retail sector...and pay THAT person their bonus.

Nope. It's dishonest and robbery.



To: GraceZ who wrote (164571)11/17/2008 11:18:28 PM
From: NOWRead Replies (1) | Respond to of 306849
 
hogwash



To: GraceZ who wrote (164571)11/18/2008 1:30:30 AM
From: ProDeathRespond to of 306849
 
I've been there, done that, received the bonuses and commissions, but still I can't say I buy your explanation.

If the bonus amounts involved were enough to provide average sustenance that would be one thing, but taking obscenely large amounts out of troubled public companies is pretty much telling the shareholders to go take a flying while waving your bare ass at them.

Compare this kind of wanton looting by upper managers with companies where the officers have chosen to work for options only and yet have managed to do quite well by virtue of actually enhancing shareholder value. What a concept!