wall street bailout: Wall Street Gives Up Bonuses - So Can Congress!
- 01/30/09 07:00 AM
The business news today is really down on Wall Street bonuses. What they don't realize that many persons working on Wall Street are paid only by their bonus money. You know sort of like real estate agents receiving commissions and being independent sub contractors. We are not salaried. I can see those persons getting paid, but not heads of Wall Street companies and banks lining their pockets for doing nothing. I think we can all agree to that no one should be enriched at the expense of others. That is why I feel, that Congress should do the same. They should set the right example … (22 comments)
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wall street bailout: Let the Good Time Roll!
- 10/01/08 05:42 AM
I am sorry if you can feel a tone of sarcasm here, but with this bailout of Wall Street Fat cats looming, I cannot erase from my mind the thought that this is like a bunch of partygoers doing a conga line on the Titanic. If we can pay the bill - they can extend the Happy Hour a few more hours! The bill as I've read it and researched seems to be very self serving for the evil doers that caused most of this, and the passengers on the lower deck (US) are expected to pay for the party. It isn't a very … (27 comments)
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The business news today is really down on Wall Street bonuses. What they don't realize that many persons working on Wall Street are paid only by their bonus money. You know sort of like real estate agents receiving commissions and being independent sub contractors. We are not salaried. I can see those persons getting paid, but not heads of Wall Street companies and banks lining their pockets for doing nothing. I think we can all agree to that no one should be enriched at the expense of others. That is why I feel, that Congress should do the same. They should set the right example … (22 comments)
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