It is about salaries paid to executives. Bailout were tied to ban of some bonuses.
Peace and best wishes. Xi On 22 oct, 22:26, "Sumerian.." <[email protected]> wrote: > Does this mean that the US $ 10,000 ensurance for each account was abolished? > S1000+ > > News > Alert: Fed to Step Up Reviews of Compensation at Banks > ... > Thu, > October 22, 2009 10:47:16 AM > From: NYTimes.com News Alert <[email protected]> > ... > > ________________________________ > > Breaking News Alert > The New York Times > Thu, October 22, 2009 -- 1:46 PM ET > ----- > > Fed to Step Up Reviews of Compensation at Banks > > The Federal Reserve announced a plan on Thursday to eliminate > pay packages that in the past have encouraged bankers to take > the kinds of reckless risks that contributed to the housing > bubble. > > Read More:http://www.nytimes.com/2009/10/23/business/23pay.html?emc=na > > ====================================== > PS from Sumerian: > > The Financial cycle set by the Bank of England on human beings living on > earth since the bank took over the power to determine the values of > currencies and goods in 1919 (After defeating the Germans and the Islamic > empire or the Ottomans:) > > We have 3 > stupid stages of life set by the Bank of England……….. > > STAGE ONE: Teen age: > > Have Time + Energy …but No Money > > STAGE TWO: Working Age: > > Have Money + Energy …but No Time > > STAGE THREE: Old age: > > Have Time + Have Money that lost its market value …Also no Energy to > generate new money leaving our children facing the same cycle .. in other > words back to stage 1 > > ======= > > S1000+ > > ======= --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "World-thread" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/world-thread?hl=en -~----------~----~----~----~------~----~------~--~---
