Meet the Press' "Fair and Balanced" Panel Defend Wall Street Bonuses

The panel on Meet the Press of Erin Burnett, Mark Zandi and Steve Forbes responding to the statements made about Wall Street bonuses by President Obama and Clair McCaskill.

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• Bonuses

[MikeNobodyIsBack]

Puh-leeeeeez!

[RZetlin]

The pundits missed the point on how this money is being made.

In order to make a profit - people are being laid off to cover up the executives mistakes.

[Licmycat]

Read this book: "The White Sharks of Wall Street", Thomas Mellon Ev ans and the Original Corporate Raiders, by Diana B. Henriques and you can see how these wolves are lying. Predator plunders they are and wolves at America's doors. Bust'em Dano! They are hiding their big bucks in mobster banks in other lands!

[1lonelyhmoobFl]

Hey, Erin. You really don't know what you are talking about. The truth is that when your company is in the hole. No one get pay. You have to get your company out of the hole first. Yes, wallstreet is shameful, Instead of using the people's money to get out of the hole, they gave it to all the executives. It does not matter which account they put the people's money. The fact is that they still paying loads of money to the executives, when they are in the hole already.

[jamesmaseobrown]

Wall Street works for Wall Street and NOT for main street. That's why main street is suffering. Yea, they took our money and paid themselves. Take our money back and let those assholes FAIL ! ! !

This just goes to show you who is in control of Washington.

[hchukuka]

to erin burnett... if your company loses 10 billion and one employee makes 1 billion...i'm pretty sure your company goes into bankruptcy, were it not for the TAXPAYER BAILOUT that's exactly what would have happened....regardless of the performance of one of your employees

[treehuggerssuck12345]

She used to work for Goldman sachs and citi. She is just like the rest of those scumbags on wallstreet.

[crossfitter2002]

Got to love the balanced panel. Yeah right they all have their heads up wallstreets ass. Fuck them!!!!!!!!!!!!

[rell127]

Yes he should be paid but he doesn't desrve a bonus.

[scipio2009]

The panel was merely discussing the hoopla about the "bonuses" to these executives on Wallstreet, by trying to explain the fact that "bonuses" are used, in many situations, to determine how these people are paid for their work, rather than just being extra pay, like it is used near every where else.

A systemic flaw in the pay scale, in my opinion, but until people actually understand it, the same reactions will always happen.

What's the point of trying to slander the panel, heathr456?

[areki38]

"A different fund". Oh yes, totally. The first fund is the catastrophe we create and that fund needs some good help desperately. The second fund is where we shuffle all our money into private hands, so it's not of the company anymore, and thus cannot be called upon when the company is held accountable.

The trick seemingly is to get as much money from fund one to fund two without anybody noticing and then crying the crocodile's tears of "woe we the poor need all the money from the people".

[uyd]

Steve should NOT BE PAID ANYTHING LIKE A BONUS USING TAX PAYERS MONEY WHEN THE COMPANY IS GOING UNDER!! IT"S CALLED BELT TIGHTENING YOU IDIOTS!!! YES< WALL STREET PRACTICES HAVE BEEN SHAMEFULL!!! GET USED TO SOME RIGHTEOUS ANGER ON THE PART OF THOSE OF US WHO ARE PAYING TO CLEAN UP THIS CEO CAUSED MESS!!!