Record Bonuses On Wall Street: MSNBC w/ Cenk
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How can they possibly expect management to put up all of their assets that they earned from their last job onto the new firm they are working at, which might already have structural problems? Like imagine a new executive takes the reign and puts all his skin in the game and then 3 months later the corporation collapses because of errors made by previous management decisions? Furthermore, most would just quit at the first sign of trouble leaving the tax payers on the hook anyway.
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@nowthatsinteresting1 They're getting all the money from us peasants. Thats why the common man is suffering to pay for these cunts.
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Why do the American tax payers bend over and take it so easily? No fight at all.
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Clearly that's not working, Senk.
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they have to be paid such high sums or they will go elsewhere like street cleaning or something.
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@12235117657598502586 - Much of it is self-inflicted. It's not inflicted intentionally, it's just human nature to make mistakes.
There is one bit of information out there that is wholly fraudulent. A home is NOT an investment. In a non-bubble market they don't appreciate faster than inflation.
An other issue is the credit card industry. Credit cards are generally positive if used correctly, but when used badly, they're the fastest way to multiple mortgages and ultimately foreclosure.
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@Slipknotyk06 - Oh, OK so it's 'ALL' self inflicted by 'ALL' those dumb, gullible ordinary folks who believed what the system (ie: politicians/bankers & media, estate agents, corporations) promised..a common phrase they peddle to those poorly educated saps (masses) is.."Trust me"!
And the Middle Class & Poor did trust em...and look where they are now, not all of them are greedy, but they were chasing fools gold! :(
BTW...You sound like a smug "I told you so" kind of person! (yuck)!
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@sathyalevy they OWN more than 20%. They CONTROL a great deal more. They're different things.
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TruthIsSin 1 year ago 11
Two years ago it was $18 billion - for 2010 its $144 billion. Do they know something we don't ?? Are they taking the money and running before the shit REALLY hits the fan?
nowthatsinteresting1 1 year ago