lukeamerica2020.wordpress.com — It’s no secret that investment bankers are well-compensated, mostly through year-end bonuses, especially during bull markets. But can they still count on those big bonuses this year, in the midst of the financial crisis and sharp market declines? ...
Nov 13, 2008 View in Crawl 4
kingtexas1Nov 13, 2008
I don't think they should expect a big bonus. It reminds me of Ronald Reagan's reaction (198?) to those who worked for the FCC and were threatening strike. He told them if they did, they would lose their jobs to those standing in line to work. Take a little or no bonus and keep your job!
lukeamerica2020Nov 14, 2008Submitter
KingTexas1, I agree completely. I fail to see how any rational citizen, level-headed business executive, or honest politician ... could possibly even consider one iota of a notion that it is a correct action to use the billions of taxpayers' bailout funds to stuff the pockets of wall streeters with millions of dollars as an extravagant reward for utter failure!
kingtexas1Nov 15, 2008
I made a mistake above. It was the air traffic controllers. FAA (Federal Aviation Administration) not FCC. Either way the point is still the same.