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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: jlallen who wrote (465220)3/20/2009 9:30:26 AM
From: HPilot  Read Replies (1) | Respond to of 1577902
 
All those involved in creating the CDS which have caused the company to be insolvent should not get bonuses. They have breached their duty to the company and those contracts can be rescinded.

Liddy testified that those that could be recinded were. The rest had no provisions that allowed them to be recinded or that those people did good work despite the total result of the company is. Since he is getting paid a wopping $1 to run the company I believe him.

Do you really think you should punish good performers just because the company did not make a profit? They need to keep these people and incentive pay is a good way to do that.



To: jlallen who wrote (465220)3/20/2009 10:09:14 AM
From: michael97123  Read Replies (3) | Respond to of 1577902
 
Yup we should move on. Some dummies get money they dont deserve and others who did deserve it may get a tax they dont want. Its all unfair but as JFK once said "life is unfair". What about GM union members and/or pension recipients or health care recipients who might get screwed as wages and benefits fall in order to save company? So if a good manager at AIG loses his bonus how different is that from the union guy whose salary and bennys are slashed.