- This topic has 170 replies, 19 voices, and was last updated 13 years, 11 months ago by
CA renter.
-
AuthorPosts
-
July 26, 2010 at 9:54 PM #17755July 26, 2010 at 10:57 PM #582937
scaredyclassic
Participantfeels wrong. you think they’d be able to keep the same salary and take it as some sort of under the radar benefit for pr purposes…
July 26, 2010 at 10:57 PM #583029scaredyclassic
Participantfeels wrong. you think they’d be able to keep the same salary and take it as some sort of under the radar benefit for pr purposes…
July 26, 2010 at 10:57 PM #583564scaredyclassic
Participantfeels wrong. you think they’d be able to keep the same salary and take it as some sort of under the radar benefit for pr purposes…
July 26, 2010 at 10:57 PM #583671scaredyclassic
Participantfeels wrong. you think they’d be able to keep the same salary and take it as some sort of under the radar benefit for pr purposes…
July 26, 2010 at 10:57 PM #583975scaredyclassic
Participantfeels wrong. you think they’d be able to keep the same salary and take it as some sort of under the radar benefit for pr purposes…
July 27, 2010 at 1:52 AM #582992CA renter
ParticipantWhile one can certainly question whether or not they earned these salaries (and I personally believe public servants should refrain from accepting raises — especially those at the top), this makes me far more angry:
When Feinberg announced his pay packages in late October, he found a way to give something to everyone. The public enjoyed a measure of revenge: Feinberg’s ultimate rulings looked hard-nosed when compared with what the executives used to make. Yet the leaders of these failed companies still ended up winning big paydays — an average of $6.5 million to each Bank of America executive and $6.2 million to those at Citigroup. Meantime, the Obama administration looked tough on fat-cat compensation, even as it quietly cajoled Feinberg to ease up on some of the restrictions he wanted to impose.
Knowing that Wall Street would be a pathetic shell of its former self without taxpayers’ and savers’ generous subsidies, it’s far more egregious that these banking executives are still making what they were making (or more!) during the most manic period during the bubble. At least public servants are doing something useful, especially the front-line public servants.
Let’s not get distracted from the root cause of our current problems: the FIRE sector and the politicians who pander to these institutions. Even if you add up all the wages, benefits, and pensions of all the public employees in the United States, it would be a drop in the bucket compared to the trillions that are being spent and wasted in the finace sector (in asset purchases, guarantees and artificially low rates, among other things).
July 27, 2010 at 1:52 AM #583084CA renter
ParticipantWhile one can certainly question whether or not they earned these salaries (and I personally believe public servants should refrain from accepting raises — especially those at the top), this makes me far more angry:
When Feinberg announced his pay packages in late October, he found a way to give something to everyone. The public enjoyed a measure of revenge: Feinberg’s ultimate rulings looked hard-nosed when compared with what the executives used to make. Yet the leaders of these failed companies still ended up winning big paydays — an average of $6.5 million to each Bank of America executive and $6.2 million to those at Citigroup. Meantime, the Obama administration looked tough on fat-cat compensation, even as it quietly cajoled Feinberg to ease up on some of the restrictions he wanted to impose.
Knowing that Wall Street would be a pathetic shell of its former self without taxpayers’ and savers’ generous subsidies, it’s far more egregious that these banking executives are still making what they were making (or more!) during the most manic period during the bubble. At least public servants are doing something useful, especially the front-line public servants.
Let’s not get distracted from the root cause of our current problems: the FIRE sector and the politicians who pander to these institutions. Even if you add up all the wages, benefits, and pensions of all the public employees in the United States, it would be a drop in the bucket compared to the trillions that are being spent and wasted in the finace sector (in asset purchases, guarantees and artificially low rates, among other things).
July 27, 2010 at 1:52 AM #583619CA renter
ParticipantWhile one can certainly question whether or not they earned these salaries (and I personally believe public servants should refrain from accepting raises — especially those at the top), this makes me far more angry:
When Feinberg announced his pay packages in late October, he found a way to give something to everyone. The public enjoyed a measure of revenge: Feinberg’s ultimate rulings looked hard-nosed when compared with what the executives used to make. Yet the leaders of these failed companies still ended up winning big paydays — an average of $6.5 million to each Bank of America executive and $6.2 million to those at Citigroup. Meantime, the Obama administration looked tough on fat-cat compensation, even as it quietly cajoled Feinberg to ease up on some of the restrictions he wanted to impose.
Knowing that Wall Street would be a pathetic shell of its former self without taxpayers’ and savers’ generous subsidies, it’s far more egregious that these banking executives are still making what they were making (or more!) during the most manic period during the bubble. At least public servants are doing something useful, especially the front-line public servants.
Let’s not get distracted from the root cause of our current problems: the FIRE sector and the politicians who pander to these institutions. Even if you add up all the wages, benefits, and pensions of all the public employees in the United States, it would be a drop in the bucket compared to the trillions that are being spent and wasted in the finace sector (in asset purchases, guarantees and artificially low rates, among other things).
July 27, 2010 at 1:52 AM #583726CA renter
ParticipantWhile one can certainly question whether or not they earned these salaries (and I personally believe public servants should refrain from accepting raises — especially those at the top), this makes me far more angry:
When Feinberg announced his pay packages in late October, he found a way to give something to everyone. The public enjoyed a measure of revenge: Feinberg’s ultimate rulings looked hard-nosed when compared with what the executives used to make. Yet the leaders of these failed companies still ended up winning big paydays — an average of $6.5 million to each Bank of America executive and $6.2 million to those at Citigroup. Meantime, the Obama administration looked tough on fat-cat compensation, even as it quietly cajoled Feinberg to ease up on some of the restrictions he wanted to impose.
Knowing that Wall Street would be a pathetic shell of its former self without taxpayers’ and savers’ generous subsidies, it’s far more egregious that these banking executives are still making what they were making (or more!) during the most manic period during the bubble. At least public servants are doing something useful, especially the front-line public servants.
Let’s not get distracted from the root cause of our current problems: the FIRE sector and the politicians who pander to these institutions. Even if you add up all the wages, benefits, and pensions of all the public employees in the United States, it would be a drop in the bucket compared to the trillions that are being spent and wasted in the finace sector (in asset purchases, guarantees and artificially low rates, among other things).
July 27, 2010 at 1:52 AM #584030CA renter
ParticipantWhile one can certainly question whether or not they earned these salaries (and I personally believe public servants should refrain from accepting raises — especially those at the top), this makes me far more angry:
When Feinberg announced his pay packages in late October, he found a way to give something to everyone. The public enjoyed a measure of revenge: Feinberg’s ultimate rulings looked hard-nosed when compared with what the executives used to make. Yet the leaders of these failed companies still ended up winning big paydays — an average of $6.5 million to each Bank of America executive and $6.2 million to those at Citigroup. Meantime, the Obama administration looked tough on fat-cat compensation, even as it quietly cajoled Feinberg to ease up on some of the restrictions he wanted to impose.
Knowing that Wall Street would be a pathetic shell of its former self without taxpayers’ and savers’ generous subsidies, it’s far more egregious that these banking executives are still making what they were making (or more!) during the most manic period during the bubble. At least public servants are doing something useful, especially the front-line public servants.
Let’s not get distracted from the root cause of our current problems: the FIRE sector and the politicians who pander to these institutions. Even if you add up all the wages, benefits, and pensions of all the public employees in the United States, it would be a drop in the bucket compared to the trillions that are being spent and wasted in the finace sector (in asset purchases, guarantees and artificially low rates, among other things).
July 27, 2010 at 2:18 AM #582997Eugene
ParticipantDumanis is a lawyer with 34 years of experience. Gore manages a department with 4,000 employees. Care to guess how much people with similar skills/experience make in the private sector?
July 27, 2010 at 2:18 AM #583089Eugene
ParticipantDumanis is a lawyer with 34 years of experience. Gore manages a department with 4,000 employees. Care to guess how much people with similar skills/experience make in the private sector?
July 27, 2010 at 2:18 AM #583624Eugene
ParticipantDumanis is a lawyer with 34 years of experience. Gore manages a department with 4,000 employees. Care to guess how much people with similar skills/experience make in the private sector?
July 27, 2010 at 2:18 AM #583731Eugene
ParticipantDumanis is a lawyer with 34 years of experience. Gore manages a department with 4,000 employees. Care to guess how much people with similar skills/experience make in the private sector?
-
AuthorPosts
- You must be logged in to reply to this topic.