people involved? profit motive? You're talking about an industry that rewards CEOs will multi-million dollar deals for *leaving* the fucking company. While the layoffs and cost-cutting leaves thousands of people out of jobs.
Sorry, I don't trust those motherfuckers. And I don't trust that government, without serious oversight imposed will be able to solve the problem either. and what about me and you, the taxpayer? we're going to foot the bill and what reward will we reap? where is our bonus? when will we get that? or do we just have to take a condescending pat on the head and a "rest assured we're using your money wisely and in your best interests" again? bullshit. On Mon, Sep 22, 2008 at 10:46 AM, Robert Munn <[EMAIL PROTECTED]> wrote: > There are a lot of details to work out, no doubt, but I think Paulson > has made a very good case that this course is the least bad one we can > take. Moreover, no one really knows what the bailout will cost. The > government could end up making money at the end of the day. The $700 > billion is essentially a capital fund that Paulson wants to use to > create an enormous vulture investor firm to buy up toxic financial > instruments at a discount and sell the underlying assets- hopefully at > a profit, as vulture firms do. > > How do we keep it from becoming a sweetheart game? Simple- profit > motive. The people involved, from top to bottom, should get bonuses > based on how much profit they can turn on the assets. No profits, no > bonuses. Big profits, big bonuses. > > > On Sun, Sep 21, 2008 at 10:34 PM, William wrote: >> Well, considering that your guy is the one that just said we should >> bail out Wall Street to the tune of $700 Billion with no mention of >> accountability on the part of the recipient, I'd say you've not got a >> lot of wiggle room to throw around charges of "More spending!" >> >> You can bet your last buck that the people, us, are going to feel the >> big pinch from that plan. > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;203748912;27390454;j Archive: http://www.houseoffusion.com/groups/CF-Community/message.cfm/messageid:270429 Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5
