capping exec pay is off the black - GoFuckYourself.com

tony286 · 02-12-2009, 04:40 PM

its fucking crazy.yesterday was all a show.
http://www.washingtonpost.com/wp-dyn...021104488.html

_Richard_ · 02-12-2009, 04:53 PM

it is crazy the money they make.. but to stay competitive..

rowan · 02-12-2009, 05:17 PM

"It was not part of the original agreement," said Laura Thatcher, head of the executive compensation practice at Alston & Bird. "If they're going to retroactively change playing rules, it would seem to me that, in fairness, they would have to give the institutions an opportunity to back out of the deal altogether."

Yeah, we want to back out of the bailout! Wait, do we have to pay you the money back? I think we've already spent it...

rowan · 02-12-2009, 05:18 PM

"It was not part of the original agreement," said Laura Thatcher, head of the executive compensation practice at Alston & Bird. "If they're going to retroactively change playing rules, it would seem to me that, in fairness, they would have to give the institutions an opportunity to back out of the deal altogether."

Yeah, we want to back out of the bailout! Wait, do we have to pay you the money back? I think we've already spent it...

Barefootsies · 02-12-2009, 05:20 PM

Quote:

Originally Posted by rowan

"It was not part of the original agreement," said Laura Thatcher, head of the executive compensation practice at Alston & Bird. "If they're going to retroactively change playing rules, it would seem to me that, in fairness, they would have to give the institutions an opportunity to back out of the deal altogether."

Yeah, we want to back out of the bailout! Wait, do we have to pay you the money back? I think we've already spent it...

TheDoc · 02-12-2009, 05:22 PM

Some banks were 'forced' to take the bailout, the bank was perfectly fine. They have not spent the money, many haven't touched it. They are willing to give the money back 'but not allowed' - so they don't have to follow gay ass rules.

tony286 · 02-12-2009, 05:23 PM

Quote:

Originally Posted by TheDoc

Some banks were 'forced' to take the bailout, the bank was perfectly fine. They have not spent the money, many haven't touched it. They are willing to give the money back 'but not allowed' - so they don't have to follow gay ass rules.

why cant they give it back?

TheDoc · 02-12-2009, 05:26 PM

Quote:

Originally Posted by tony404

why cant they give it back?

That I don't know... Many have said they don't need the money and would give it back if they could. So I figured they couldn't give it back.

AlienQ - BANNED FOR LIFE · 02-12-2009, 05:28 PM

Where is Osama when ya need em. We could use a few more planes into some select buildings right about now.

Kard63 · 02-12-2009, 05:29 PM

It was stupid anyway. They should say no bonuses related to stock price so the fuckin creeps in charge don't do something to generate positive short term hype at the expense of the long term. If they do great they can ask for more base pay on their next contract. Or have a bonus related to profitability. Anything but stock price.

02-12-2009, 04:40 PM	#1
tony286 lurker Industry Role: Join Date: Aug 2002 Location: atlanta Posts: 57,021	capping exec pay is off the black its fucking crazy.yesterday was all a show. http://www.washingtonpost.com/wp-dyn...021104488.html

02-12-2009, 05:22 PM	#6
TheDoc Too lazy to set a custom title Industry Role: Join Date: Jul 2001 Location: Currently Incognito Posts: 13,827	Some banks were 'forced' to take the bailout, the bank was perfectly fine. They have not spent the money, many haven't touched it. They are willing to give the money back 'but not allowed' - so they don't have to follow gay ass rules. __________________ ~TheDoc - ICQ7765825 It's all disambiguation

02-12-2009, 05:28 PM	#9
AlienQ - BANNED FOR LIFE best designer on GFY Join Date: Mar 2003 Location: IALIEN.COM - High Definition Video and Photographic Productions -ICQ 78943384 Posts: 30,307	Where is Osama when ya need em. We could use a few more planes into some select buildings right about now. __________________ NAKED HOSTING FTW!11 I'm On The INSANE PLAN $9.95/mo! \| The Alien Blog Adult News Worth Reading Updated Daily \| Content For Sale! 641 PICS 216 MINUTES OF VIDEO $350.00 \|ICQ: 78943384 \|

02-12-2009, 05:29 PM	#10
Kard63 Confirmed User Join Date: Nov 2003 Location: 237 619 975 Posts: 8,944	It was stupid anyway. They should say no bonuses related to stock price so the fuckin creeps in charge don't do something to generate positive short term hype at the expense of the long term. If they do great they can ask for more base pay on their next contract. Or have a bonus related to profitability. Anything but stock price. __________________

02-12-2009, 04:53 PM	#2
_Richard_ Too lazy to set a custom title Industry Role: Join Date: Oct 2006 Location: Earth Posts: 30,986	it is crazy the money they make.. but to stay competitive..

02-12-2009, 05:17 PM	#3
rowan Too lazy to set a custom title Join Date: Mar 2002 Location: Australia Posts: 17,393	"It was not part of the original agreement," said Laura Thatcher, head of the executive compensation practice at Alston & Bird. "If they're going to retroactively change playing rules, it would seem to me that, in fairness, they would have to give the institutions an opportunity to back out of the deal altogether." Yeah, we want to back out of the bailout! Wait, do we have to pay you the money back? I think we've already spent it...

02-12-2009, 05:18 PM	#4
rowan Too lazy to set a custom title Join Date: Mar 2002 Location: Australia Posts: 17,393	"It was not part of the original agreement," said Laura Thatcher, head of the executive compensation practice at Alston & Bird. "If they're going to retroactively change playing rules, it would seem to me that, in fairness, they would have to give the institutions an opportunity to back out of the deal altogether." Yeah, we want to back out of the bailout! Wait, do we have to pay you the money back? I think we've already spent it...