Re: Treasury’s Financial-Bailout Proposal to Congress
I have several concerns. One of them is executives who may still deploy their golden parachutes even though their bank has been bailed out and they ran the bank into the turf. I know people who earned a 500k bonus even though the firm they worked for "lost" millions. This rarely happens in the blue collar world where bonuses are based strictly on profit.
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"Destiny must be shaped and not left to mere chance."..Spencer Collins ..
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