Quote:
Originally Posted by AsianDivaGirlsWebDude
Damn those working class people for actually expecting that the American dream was real and within their reach... 
God bless the banks and the people that backed sub-prime loans, derivatives, and junk bonds. 
In the end what happened? Tons of people lost their homes and most of the investors/capitalists that provided those loans did not go out of business due to the free market (even though they made high risk bad investments). No, they got bonuses.
Then they were rewarded with huge government subsidies, while the people sucked in by them lost their houses, and went bankrupt.
Sounds fair to me... 
ADG |
People living in homes they realistically couldn't afford lost their homes, that doesn't sound unfair. It may suck, and suck really hard, but if you keep filling the balloon with air, it will blow up. (that may be why they call it living a dream)
Bad business can still have departments that's doing well, so before discussing if bonuses should be given out or not it's needed to look at each individual performance, a company that lost 500 million may have an employee that made the company 50 million, if that employee made their "goal" they should receive their 5 million bonus, if not that employee could likely take their 50 million deals somewhere else and the company loss would be 550 millions and not 500
That doesn't make headlines though so nobody is going to point that out in the media
