….so for folks that answered that $100 million is an outrage for this trader that earned $600 million for citigroup, I guess then it would be better for the trader to walk over to a non-tarp controlled institution like Goldman Sachs that would pay him $100million in return for adding $600 million to GS’s profit…And I guess it’s ok for Citigroup to now have $600million less in profit, right?
As a taxpayer/shareholder of citigroup, is that what your saying? Citigroup would have been better off if this trader didn’t earn $600million for them and would have been better employed in a non-tarp controlled bank not subject to any compensation restrictions.
So then, what, may I ask prevent that top trader from just doing that. Walking over to a non-tarp institution and making the same dollars there.
Seems to me, what we would be left with are, as a said so many times, government run banks with a bunch of C and D- players….Kinda of like….Employees of the SEC and the Post Office. Good luck getting your money back as a taxpayer.
