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BxCapricorn said...

It's actually called a "fraction" of CEO salaries and benefits. CEOs also skip through multiple companies, insuring themselves stock options and bonuses based on nothing more than a prearranged wink and a nod with fellow board members.

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PeakTrader said...

BxCapricorn says: "It's actually called a "fraction" of CEO salaries and benefits..."

CEOs normally don't cheat consumers-taxpayers, unless government is involved. If they did, their firms wouldn't be in business for long.

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ScottGA said...

Hey idiots. You know it's quite possible for some of us to see some problems unions have created while realizing that the worse problem is multi-billion dollar businesses buying our politicians and by removing or writing completely watered down regulations. While we point at each other to say who's worse, they are all laughing at us as that rape our government and ship more jobs overseas. Enjoy the blissful ignorance.

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Ed R said...

Ken Lewis got about $98mm when he was "retired" from B of A -- indirectly supported by $45billion of US bailouts. And he left his company as a basket case and possibly on continuing life support from the USG -- to say nothing of what he did to his shareholders.

Are you as outraged about those excesses??

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PeakTrader said...

ScottGA says: "Hey idiots. You know it's quite possible for some of us to see some problems unions have created while realizing that the worse problem is multi-billion dollar businesses buying our politicians..."

Scott, you know it's quite possible some people, like you, get their information from watching too many movies by liberals.

Mexico is much more corrupt than the U.S..

Yet, rich drug lords are getting killed by politicians, although they're able to buy protection from some of them.

American corporations have to protect themselves too from government.

Otherwise, everyone's cost of living would be even higher.

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PeakTrader said...

Ed says: "Are you as outraged about those excesses?"

Ed, you should be outraged at overregulation.

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Free2Choose said...

"Hey idiots. You know it's quite possible for some of us to see some problems unions have created while realizing that the worse [sic] problem is multi-billion dollar businesses buying our politicians and by removing or writing completely watered down regulations."

Remember the tough regulations that the government imposed on Fannie Mae and Freddie Mac to keep them from incentivizing risky mortgages? Yea. Me neither.

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PeakTrader said...

Government forced lenders to help lower income Americans, which worked for a while.

Now what?

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