Today Show - CEO Greed - $1.6 Billion Paid to Bank Execs (from Bailed-Out Banks)

For those wondering why the American brand of capitalism is under constant scrutiny, THIS is the reason. Defenders of the Free Market love to talk about the "great" American meritocracy, but how much "merit" is there in overcompensating CEOs who run their companies into the ground? As usual, the rank and file worker must beg for crumbs while top excutives--even those from struggling lenders--unduly earn money for poor "performance."

Category:

News & Politics

Tags:

• Bank Bailout
• Executive Pay
• Golden Parachutes
• CEO Pay
• CEO Greed

[BeyondTheSpectrum08]

For those wondering why the American brand of capitalism is under constant scrutiny, THIS is the reason. Defenders of the Free Market love to talk about the "great" American meritocracy, but how much "merit" is there in overcompensating CEOs who run their companies into the ground? And what about the rank and file, who get no say-so in what a CEO "earns?"

beyond-the-political-spectrum.­blogspot(dot)com/

[mba2ceo]

legalized stealing ... IMO ... these guys are criminals

[Uppercut416]

@BeyondTheSpectrum08 I agree with you 100%. No CEO should be rewarded for failure. and they defend themselves saying they are top talent. Top talent my ass. If you had put a highschool students on the board of Citigroup they would have generated better results. I;m not an American citizen, but if I was, I would be extremely pissed off with this selective socialism.

[pig5689]

Learn to Steal!

Bank Exec...... ROB-ROBS or 762-7627