paul

Judge's Refusal of BofA / Merrill Bonuses Could Unleash Reality on Financials

Without knowing each situation and if the salaries were sub standard with a commission for increased business, it is difficult to comment. Somewhere there has to be contract that stated why the "bonus" was to be paid. Tough to do for 39,000 individuals.

The Ten Most Egregious Assumptions of 2008

It's all about "risk" and "return". Government oversight should not allow the degree of risk that is being assumed by banks and other financial organizations.