capping exec pay is off the black
 

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

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

"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...

"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...

:disgust

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?

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.

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

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.