Executive Compensation and Subprime Mortgage Crisis

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Uploaded by on Apr 14, 2008

Discussion re: executive compensation and whether it caused subprime mortgage crisis.

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News & Politics

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  • Why were these journalists biased against the Union man?

  • Interested in the truth?

    Google: THIS AMERICAN LIFE

    Search: #355: THE GIANT POOL OF MONEY

    Bankster insiders spill the beans.

  • In my view, AFLCIO is correct to certain degree. CEOs can earn their packages from economic fluctuation, because they share the certain portions when their companies report profits and lose none of them when report losses.

  • ...causing most of the unproductive destructive effects in our economy, including the wrath of highly unnecessary laws that citizens finance for congress that create economic blackholes every where.

    However, CEO monster pay packages as 'a' causing Subprime? Another joke fact. Some of these people just want free media time to promote themselves equating non sequitur facts with emotional hatred for high performance firms. The usual b.s! The only solution = Deal with risk correctly! Contact me!

  • The current economic crisis was not caused by sub prime. Subprime casualty is basically an irresponsbility occuring within a dismantled economic system. The US has been broke for at least a decade and a half. The greenback has lost 90% of its 'value' in 40 years. But to the core, fiat currency is in fact a worthless piece of paper that enables worthlessness to survive and evolve.

  • CNBC is owned by General Electric can that be anymore obvious by watching this attempted hatchet job. You had 3 people ganging up on the UNION guy. FAIR; fair and accurate reporting it was not and really never has been with CNBC starting with the unethical reporting during the Internet Bomb. Remember when they were advising people to invest in companies that had market values at 200+times earnings. You cannot call what this was anything but a WALLSTREET Mugging with microphones 3 against 1

  • CNBC is the mouthpiece for WALLSTREET CEO's as proven here in this video. Both CNBC reporters are defending Chuck Prince and Anthony M. (and the rest) over payouts after this Subprime fiasco, which a multitude of laws were broken by these companies, Over the years such reporters as these above have represented themselves as the investors best friend, when in fact they are cheerleading for WALLSTREET INC. Both CNBC reporters interrupted and attacked their guest a UNION representative.

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