wghanna2

$33 Billion in Taxpayer Money Subsidized Wall Street Bonuses

The talking heads of CNBC and Fox Business all want to keep the Government out of setting limits on the financial world. Their own greed gets in the way of reporting the facts. The loud yelling about Government not being able to run anything is great for sound bites but does not consider the fact that the banks got us into this mess. The Government with all its faults could not have screwed it up as badly. Salaries and bonuses should be capped at $500,000 per year. Any compensation beyond that could be provided with stock obtions based on the actual price of the stock at the time the obtion is awarded. These obtions should be required to be held at least three years to be vested from date of issue. If the stock price has not increased then the obtion will not have value but if it increase five fold or more then the obtions will truly reward the company executive. The maximum obtion value for all company employees should be capped using either ten percent of the most recent annual profit. or one percent of the shares outstanding.
This method would provide incentives to the executives to make profits for the shareholders since their big bucks would come from stock appreciation. It will never happen but it would certainly be a big improvement and fair for everyone!