Tim H.

Why Capping Pay Is Likely to Work

Robert Perrego you didn't answer my question. If these commercial bankers etc... If they are soo smart and brilliant. How did they allow this crisis to happen? An average dumbazz can figure out that if you give someone a loan for a house they cannot afford. Then set up a subprime loan that's interest rate will kick in much higher when said loanee has no business geting loan in first place. Plus the loanee has crappy credit rating. That the first chance things go bad for loanee. The loanee will walk away from the home and default. Do you have to be a brilliant Ivy league Grad to figure out how screwed up that idea is? Yet these people looked the other way or OK'd the deals. This is unbelievable. I am outta here... BTW a good friend of mine just lost his job at a bank. So sit on that! Cutbacks ya know? Times are tough!

Why Capping Pay Is Likely to Work

HEY THINK!!! You sound like someone who deals with top CEO's... Oh My Gawd they are under soo much pressure. Life must be soo hard making all those millions or even hundreds of thousands of dollars and getting stressed out and hopping on a plane to some resort for a conference. Plus all those perks. Why don't you tell that story to someone making $50,000 a year with 4 kids and just lost their job. I don't really care how much these execs make. More power to them. BUT when thru irresponsibility and plain old freaking greed. Their decisions lead to the collapse of the financial industry and a recession. Then they have the tax payers bail their azzes out. Then whine because the government wants a piece off their azzes. Well yeah I got a problem with how much they are making. Reading some comments on this board just proves how out of touch the wealthy in this country are from the rest of us peons. If your wealthy you are special and deserve to make as much asyou wish even after the less wealthy tax payers have to bail you out from your screwups. No responsibility at all!!!!

Why Capping Pay Is Likely to Work

Robert Perrego you sound like an exec at one of these banks. Hey Robert who has gotten us into one of the worst finnancial crisis since the Great Depression? So whom at these bailed out banks is responsible? According to you Robert these top talent guys who bring in all the money will leave. Robert are these the same guys packaging these subprime loans into securities and selling them as AAA+ securities? If not then why didn't these TALENTED EXECS at these bailed out banks who are soo smart. Why didn't these guys spot what was going on with these phony securities and inform top level execs at these bailed out banks that "hey these securities are not legit and could destroy our company." I want some answers ROBERT. Please I am just an average dumb F_ck. Please explain this to me cause I just don't understand why some BRILLIANT banker should be making like 15 mil and all the other peon workers should be forced to scratch and claw for a pittance salary. If I sound mean then I apologize Robert because ya see.... I am F_Cking P_SSED OFF! These people don't even realize the jobs and lives they have ruined. F THEM ALL!!!!!!!!!!!!!

Why Capping Pay Is Likely to Work

James F. Reda says $500,000 is not alot of money... PLEAAAASEEEE! What the hell? To realize how out of whack these Wall Street Financials companies are is to read what Reda say's reprinted in this article. These people are soo outta touch with reality. These so called talented execs Reda speaks soo highly of are the one's who have put the banks at the mercy of tax funded bailouts. I submit that their may be an underling at one of these banks who is very talented and make's far less than $500,000. This underling has never kissed the right azzes and therefore fills under promoted. So since all these talented execs will leave for more money where? Since companies are laying people off left and right and hurting for cash. This underling takes the job and does a very good job. Making a name for himself and enriching himself down the road. If anyone just read my post do you not see what B_llsh_t these people like Reda are selling? I have another post below to reply to Robert Perrego.