Here’s a question for you flu: Would Citibank even exist if it weren’t for bailout money? Could the dude even have gotten a job there if it weren’t for bailout money?
Would you go work for a company who owes billions? And if you did, would you expect to get a bonus from them if you were successful in your position regardless of the overall health of the company? Are you suggesting that employees should be judged solely on their individual merit rather than the performance of the company as a whole? Shouldn’t it be a combination of both?
Did this $600mil profit he made come solely from his amazing skills, or can some of the credit be given to the seed money provided by the taxpayers?
Chicken or the egg?
And I agree with you, if the dude wants fat bonuses, he should go work for someone who doesn’t owe billions.