bike 05673

When Things Got Tough, Hank Paulson Went Skiing

That is what happens when you are to big to fail. i am infavor of top producers and risk takers making plenty of money.Nothing could ever happen to executives at this level that will ever change their lifestyle so they pay a power game riding up lifts playing games on their cell phones and acting like KINGS of the world. I blame the boards of directors that these executives worked for, they all just played along. It seem to me that this whole top level has just turned into a club that protects each other.

Pay Bankers Much Less

Executives who work for public companies should only get a average executive salary.The big money would only come if they make money for the real owners and risk takers (stockholders). For executives to make money the stock must go up PERIOD. Failure will not be rewarded. This is the way it works for every other employee in industry .
The board of directors system is a complete failure and needs to be completly rebuilt.Seems almost every board acts as a rubber stamp and is not performing.