TARP has lost 40% since inception

[davelj]

Here’s an excellent post (in my opinion) on AIG. I can’t argue with the author’s suggestions.

http://www.huffingtonpost.com/miles-mogulescu/obama-administration-must_b_175172.html

[Allan from Fallbrook]

Dave: You do realize you’re the “deified member of the banking class” that Breezie’s referring to, right?

You grasping, greedy plutocrat, you!

[Allan from Fallbrook]

Dave: You do realize you’re the “deified member of the banking class” that Breezie’s referring to, right?

You grasping, greedy plutocrat, you!

[Allan from Fallbrook]

Dave: You do realize you’re the “deified member of the banking class” that Breezie’s referring to, right?

You grasping, greedy plutocrat, you!

[Allan from Fallbrook]

Dave: You do realize you’re the “deified member of the banking class” that Breezie’s referring to, right?

You grasping, greedy plutocrat, you!

[Allan from Fallbrook]

Dave: You do realize you’re the “deified member of the banking class” that Breezie’s referring to, right?

You grasping, greedy plutocrat, you!

[Coronita]

[quote=davelj]Here’s an excellent post (in my opinion) on AIG. I can’t argue with the author’s suggestions.

http://www.huffingtonpost.com/miles-mogulescu/obama-administration-must_b_175172.html%5B/quote%5D

Actually, speaking from experience…These “guarantee” bonus payments area always renegotiable when push comes to shove.’

During the dot bomb implosions hey-days, there were cases in which bonus/compensation was signed with a 2-3 year agreement with a full vesting clause for early termination from RIF. When push came to shove, and folks got axed, companies ended up cutting the “guaranteed” bonuses down to 40-50%. Companies figured that for the cost of a employee to hiring an an attorney, sue, and try to recoup the amount + time in litigation, it would bring the take home comp back to around 40-50% Pretty shitty thing to do from an employee perspective, but in this particular circumstance, it would be appropriate. Most people ended up settlng for the reduced bonus distribution, if any.

[Coronita]

[quote=davelj]Here’s an excellent post (in my opinion) on AIG. I can’t argue with the author’s suggestions.

http://www.huffingtonpost.com/miles-mogulescu/obama-administration-must_b_175172.html%5B/quote%5D

Actually, speaking from experience…These “guarantee” bonus payments area always renegotiable when push comes to shove.’

During the dot bomb implosions hey-days, there were cases in which bonus/compensation was signed with a 2-3 year agreement with a full vesting clause for early termination from RIF. When push came to shove, and folks got axed, companies ended up cutting the “guaranteed” bonuses down to 40-50%. Companies figured that for the cost of a employee to hiring an an attorney, sue, and try to recoup the amount + time in litigation, it would bring the take home comp back to around 40-50% Pretty shitty thing to do from an employee perspective, but in this particular circumstance, it would be appropriate. Most people ended up settlng for the reduced bonus distribution, if any.

[Coronita]

[quote=davelj]Here’s an excellent post (in my opinion) on AIG. I can’t argue with the author’s suggestions.

http://www.huffingtonpost.com/miles-mogulescu/obama-administration-must_b_175172.html%5B/quote%5D

Actually, speaking from experience…These “guarantee” bonus payments area always renegotiable when push comes to shove.’

During the dot bomb implosions hey-days, there were cases in which bonus/compensation was signed with a 2-3 year agreement with a full vesting clause for early termination from RIF. When push came to shove, and folks got axed, companies ended up cutting the “guaranteed” bonuses down to 40-50%. Companies figured that for the cost of a employee to hiring an an attorney, sue, and try to recoup the amount + time in litigation, it would bring the take home comp back to around 40-50% Pretty shitty thing to do from an employee perspective, but in this particular circumstance, it would be appropriate. Most people ended up settlng for the reduced bonus distribution, if any.

[Coronita]

[quote=davelj]Here’s an excellent post (in my opinion) on AIG. I can’t argue with the author’s suggestions.

http://www.huffingtonpost.com/miles-mogulescu/obama-administration-must_b_175172.html%5B/quote%5D

Actually, speaking from experience…These “guarantee” bonus payments area always renegotiable when push comes to shove.’

During the dot bomb implosions hey-days, there were cases in which bonus/compensation was signed with a 2-3 year agreement with a full vesting clause for early termination from RIF. When push came to shove, and folks got axed, companies ended up cutting the “guaranteed” bonuses down to 40-50%. Companies figured that for the cost of a employee to hiring an an attorney, sue, and try to recoup the amount + time in litigation, it would bring the take home comp back to around 40-50% Pretty shitty thing to do from an employee perspective, but in this particular circumstance, it would be appropriate. Most people ended up settlng for the reduced bonus distribution, if any.

[Coronita]

[quote=davelj]Here’s an excellent post (in my opinion) on AIG. I can’t argue with the author’s suggestions.

http://www.huffingtonpost.com/miles-mogulescu/obama-administration-must_b_175172.html%5B/quote%5D

Actually, speaking from experience…These “guarantee” bonus payments area always renegotiable when push comes to shove.’

During the dot bomb implosions hey-days, there were cases in which bonus/compensation was signed with a 2-3 year agreement with a full vesting clause for early termination from RIF. When push came to shove, and folks got axed, companies ended up cutting the “guaranteed” bonuses down to 40-50%. Companies figured that for the cost of a employee to hiring an an attorney, sue, and try to recoup the amount + time in litigation, it would bring the take home comp back to around 40-50% Pretty shitty thing to do from an employee perspective, but in this particular circumstance, it would be appropriate. Most people ended up settlng for the reduced bonus distribution, if any.

[davelj]

[quote=Allan from Fallbrook]Dave: You do realize you’re the “deified member of the banking class” that Breezie’s referring to, right?

You grasping, greedy plutocrat, you![/quote]

But of course. And all this time I assumed I was the only person who viewed myself as a deity. Welcome to my growing flock, one and all!!

Now, pardon me while I head off to the Ecclesiastical Supply Store for some collection plates. I mean, times are tough, right?

[davelj]

[quote=Allan from Fallbrook]Dave: You do realize you’re the “deified member of the banking class” that Breezie’s referring to, right?

You grasping, greedy plutocrat, you![/quote]

But of course. And all this time I assumed I was the only person who viewed myself as a deity. Welcome to my growing flock, one and all!!

Now, pardon me while I head off to the Ecclesiastical Supply Store for some collection plates. I mean, times are tough, right?

[davelj]

[quote=Allan from Fallbrook]Dave: You do realize you’re the “deified member of the banking class” that Breezie’s referring to, right?

You grasping, greedy plutocrat, you![/quote]

But of course. And all this time I assumed I was the only person who viewed myself as a deity. Welcome to my growing flock, one and all!!

Now, pardon me while I head off to the Ecclesiastical Supply Store for some collection plates. I mean, times are tough, right?

[davelj]

[quote=Allan from Fallbrook]Dave: You do realize you’re the “deified member of the banking class” that Breezie’s referring to, right?

You grasping, greedy plutocrat, you![/quote]

But of course. And all this time I assumed I was the only person who viewed myself as a deity. Welcome to my growing flock, one and all!!

Now, pardon me while I head off to the Ecclesiastical Supply Store for some collection plates. I mean, times are tough, right?

[Author]

Posts