Wednesday, February 04, 2009

Why should we pay for thier golden parachutes? What did they ever do for us?

I am proud of the President. He did well. This is going to 'move' the executives that are holding on to their positions from those jobs. It will make room for new and younger executives that are anxious to turn the corner on corporate failure. They'll come into the job, hone the companies they lead and begin 'again' to earn higher salaries and bonuses.

Nice. It is about time the young people in this country has a chance to lead their own economy. Very nice. I can't wait.


President Barack Obama has placed an annual $500,000 (£345,000) pay limit on bank executives whose institutions require further rescue funds from the US government. (click title to entry - thank you)