SI
SI
discoversearch

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


To: Galirayo who wrote (192338)3/21/2009 1:03:10 PM
From: Think4YourselfRead Replies (1) | Respond to of 306849
 
"Obama, Congress and others who allowed the bonuses express faux outrage."

Absolutely! Those clowns cause the problems. They then express outrage and deny any responsibility. If caught in their lies they try and spin their way out.

Watching Frank's outrage on the podium the other day, and knowing his voting record, made me want to puke...on him.



To: Galirayo who wrote (192338)3/21/2009 5:30:35 PM
From: geode00Read Replies (2) | Respond to of 306849
 
Yep, the answer is GOVERNMENT PAYSCALE for all recipients of more than, say, $100 million in government bailouts.

Those companies like Citi and AIG who have substantial public ownership should go first. Pandit can make what Obama makes in total compensation but without the room and board at the WH.

The other answer is TO HAVE LET THEM FAIL. If we are going to gripe about socialism then let's have real capitalism (not crony capitalism) liquidate all of these banks and insurance companies. Deposits can be protected but I suspect some of the guaranteed annuities will be shrunk.

We appear to be paying out through the nose to prolong the fantasy of the global financial system. Time's up, the fantasy's over, tear off the band-aid and let's start from the ground up. AIG has admitted that it didn't need the last big chunk of bailout in order to prevent systemic risk.

What?

Better that bailout goes to California, a really big part of the world's economy, than to pay out 100 cents on the dollar to GS. Let GS's shareholders foot the bill. That's capitalism.