This is one of the more amusing titles for an article that I've seen in some time - "Wall St scolded..." This is ridiculous, utterly ridiculous.
After getting $160 billion in tax payer money, I would be perfectly willing to sit in front of the entire world and called scum by any and all political leaders and beings for an entire day. That is one hell of a paycheck, something like $20 billion per hour, nice work if you can get it and the perks are stunning.
This is equivalent to a fun house drama, its meaningless.
After the "scolding" I hop on my jet and hit the beaches at Aruba or the Mediterranean or where-the-hell-ever I want.
Talk about dog and pony shows, this rates a zero. If this is Congress's idea of jump starting the economy, we are in deep merde.
Whose big bright idea was this, this is suppose to appease voters, BS.
Reuters: Wall St. CEOs scolded by lawmakers
The CEOs reported they had forsworn bonuses for now.
"I've told my board of directors that my salary should be $1 per year with no bonus until we return to profitability," said Vikram Pandit of Citigroup Inc.
3 comments:
It's what's called a horse and pony show. In the old Soviet Union when they had these shows at least the people being scolded usually were then taken out and shot or sent to Siberia for regrooving. In America we whack u with a wet noodle ( Bernie Frank in women's underwear)) and send u off to Tahiti to fume. Everyone else gets to watch on TV as they eat dog food and cheer.
It was a big waste of time. Who exactly do they think got anything whatsoever out of this. The yahoos don't know wall st from a whore house. It changes nothing. It was like some kind of big power play. I did you a solid and now you have to come down hear and take some shit.
You could tell the bankers could care less. They're literally laughing all the way to the bank. I'm sure they just raged over champagne and lobster tonight. Life's tough when u lose trillions and get a bonus. If DC doesn't fix the reward structure in this society then nothing will change. Why are we giving these clueless pirates more and more and more? It seems just because they dress nicely and have good teeth? WTF!!
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