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

To: average joe who wrote (191478)	3/18/2009 1:40:22 PM
From: geode00	Read Replies (1) \| Respond to of 306849

Has anyone seen those employment contracts? How can a person who is not with the company (left or fired) be provided a retention bonus? That doesn't make any sense. This is why we should have LET THEM FAIL. Why in the world are we paying 100 cents on the dollar (apparently) to bankers around the world (including Liddy and Paulsons' Goldman Sachs) who engaged in this kind of reckless gambling? The masters of the universe suck. This is why they hire mathematicians and physicists and get time on Crays....to defraud their customers, their shareholders and now the US taxpayer. They makes these transactions opaque and confusing in order to keep the fraud under wraps. So, after all the yelling and preening about how smart they were and still are, how in the world did the masters of the universe lose so much money? These bankers are STUPID. They are FRAUDS. We do not need to retain any of them. It is time to let them fail. Wipe out the shareholders, figure out how many cents on the dollar are available to give to the other bankers and proceed to capitalize smaller banks that are actually solvent. This is banking, not rocket science. The hoopla about the rocket science within banking is nothing more than fraud.