Photos: CEOs Golden Parachutes From Failed Firms

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  • Posted By: rangerone314 @ 09/20/2008 1:03:54 AM

    We should keep in mind that no man can serve two masters and that includes the voters vs campaign contributors.

    Should keep in mind that if the ballot box doesn't lead to saving this country, the cartridge box may save the country, as it has in the past.

    General Sherman burned Atlanta to the ground during the Civil War; maybe we need another Sherman to do the same thing to Wall Street.

  • Posted By: lendmeadollar @ 09/20/2008 1:01:52 AM

    i have always said, the down fall of this country is GREED. of course the government is going to hand out the money to banks , and AIG because all of washington dems and rep. do not want to see the wealthy . lose there millions do to corp misdeeds, and stock market declines, but the middle class will be the ones that pay for it all, with higher taxes, somewhere down the road. our government is so corrupt.. its no wonder we are hated around the world, wake up america, this country is in turmoil , soon the american dollar will not be worth wiping your @#$ with, this problem will exist for years to come. as far as presidential canidates go i would not trust either one of them, i am tired of all this he said , she said mentality . with these morones . lets go after those in banking and AIG and all those others we trusted with america money, of course you do not hear nothing about that. , who is responsible for this . it is ok gm ford and other car makers layoff thousand , because of the economy , i wonder if being middle class has anything to do with that. why the government did nothing about that. . i agree enough is enough.

  • Posted By: MichaelCollins @ 09/20/2008 1:01:48 AM

    Where's Arthur Greenspan's photograph? In one of the few clearly stated remarks of his entire career, he suggested that people get an ARM and party hardy in the stock market in 2004. He allowed the subprime monster to grow despite repeated warnings from responsible people. When Vince Bugliosi is finished trying Bush for murder, he should try Greenspan for fraud.

  • Posted By: my america @ 09/20/2008 12:52:22 AM

    The press is not saying much about Obama???s ties to these companies, he also made many millions at our expense. This era in our history will be called the rape of the American People. Do you really think they loose any sleep over the way they have destroyed the lives of millions of Americans, I think not. We should strip all of them of every cent they have and leave them as broke as they have left us. At what point will we demand accountability for THERE MISMANAGEMENT. They are traders to our country and people. Who is protecting the American People, these people terrorists destroying the country from within and should be treated as such. Maybe Homeland Security missed them or are they sleeping with them. Of course we the people do not take the time to elect officials that will save our country and protect our interests. We only have ourselves to blame, it is so obvious that the majority of the Senate and Congress are corrupt and only insuring their own self worth. They flat out lie and steal our hard earned income from us and we are stupid enough to elect them anyway. Lets make a difference and demand that our elected officials do their job and restore pride in America.

  • Posted By: my america @ 09/20/2008 12:51:54 AM

    The press is not saying much about Obama???s ties to these companies, he also made many millions at our expense. This era in our history will be called the rape of the American People. Do you really think they loose any sleep over the way they have destroyed the lives of millions of Americans, I think not. We should strip all of them of every cent they have and leave them as broke as they have left us. At what point will we demand accountability for THERE MISMANAGEMENT. They are traders to our country and people. Who is protecting the American People, these people terrorists destroying the country from within and should be treated as such. Maybe Homeland Security missed them or are they sleeping with them. Of course we the people do not take the time to elect officials that will save our country and protect our interests. We only have ourselves to blame, it is so obvious that the majority of the Senate and Congress are corrupt and only insuring their own self worth. They flat out lie and steal our hard earned income from us and we are stupid enough to elect them anyway. Lets make a difference and demand that our elected officials do their job and restore pride in America.

  • Posted By: CathieC @ 09/19/2008 11:17:47 PM

    The Dems and Republicans in Washington D.C are all at fault... WE AS AMERICAN citizens need to show these crooks (all on Capital Hill) who will allow all the crooks on Fraud Street to get away with their underhandiness... BOTH PARTIES have failed the American citizens.... Lets vote for a different party..i.e....Libertarian, Independent ..etc.... Any other party.....The idiots on capital hill have proven time and again that they care nothing about the average AMERICAN.... only the SPECIAL interest groups (illegal immigrants for one.. do you see any of them living in tent cities, or on the street? They don't have to worry about feeding their kids either, does anyone see anything wrong with picture?) the lobbyist..... they do nothing but pay off our elected officails to get what they want..How in the hell does this help American citizens??? When was the last time anyone saw the government working for the people? US?... People get ready... It's going to get a lot worse before it gets any better... We are all on our own.... (the average American) May God be with us all.....

    • Posted By: BabkaKing @ 09/19/2008 11:21:56 PM

      Amen brother.

      • Posted By: Truth/Consequences @ 09/20/2008 12:46:36 AM

        You want a real change in America, May we see the day that a person in the White House and at Capital Hill have morals and conviction to do right. To be for the people instead of the spirit of creed that howers over the United States of America. They have forgotten why their in office. So what are we to do. Learn to find those that will be willing to help you in times of trouble. Who are they, you pass them each and every day. It is very true in your last statement. May the Lord Jesus help us all. But one thing stands sure and true, every knee will bow before Him in that day. Evil will always love evil. Power/Greed is the birth mark of our Government

  • Posted By: Booba @ 09/20/2008 12:43:11 AM

    These executives plus their Board of Directors should all be facing jail time. The y had a fiduciary duty to the shareholders, employees and the general public. They made their millions while the firms were flying high; then leave with millions more after sinking the ship. Real estate runs in cycles, always has and always will.
    Real estate will rise over a period of time and when it reaches the point where it is unaffordable ithe bottom falls out and the market nose dives. Add to this the fradulent mortages and the brokers pushing people into mortages that they don't have a pray of keeping up with and we end up with this disastor.

  • Posted By: petersantoso @ 09/20/2008 12:39:47 AM

    These CEOs already knows that their company is heading to bankruptcy. They are too smart NOT to know their company is heading to the deep hole. It is up to the Board members and the stock Holder find out and to act fast to outst them without any compensation if they lied.

  • Posted By: CAHeider @ 09/19/2008 10:41:30 PM

    Well lets vote the Republicans in again so their cronies can screw the little people some more in the next 4 years.

    • Posted By: jojomax @ 09/19/2008 10:53:31 PM

      Enter Your Comment How could anyone in their right mind vote republican ever again?

      • Posted By: Bobbles @ 09/20/2008 12:39:17 AM

        Vote Obama and help turn the USA into a banana republic.

      • Posted By: BabkaKing @ 09/19/2008 11:09:28 PM

        You really think this started under the Bush presidency - you've got to be kidding me; hello Enron! Come on... drop the party allegiance and think on your own. Clinton, Bush, and the U.S. Congress started this ball rolling. Clinton wanted more people to own more homes, both parties in Congress altered the financial industry rules, and Bush sat on his ass in order to save his own reputation in the hopes it would fall on the Democratic Congress during the election. All while the lobbyists of both parties lined their pockets as Americas were told that everyone should have the American Dream and the ate it up hook, line, and sinker. In the end the money will find it's way back to my U.S. Rep and yours.

  • Posted By: whatsgoinon @ 09/20/2008 12:12:06 AM

    Why is the tax payer paying for what he is already paying for,AIG will add to our insurance payments,while making a LOAN ?? from us,but don't forget we've got to pay that CEO,he just bought himself a new resort and that cost alot of american money.

    • Posted By: Bobbles @ 09/20/2008 12:35:19 AM

      AIG is in trouble because of the two big hurricanes, they don't have enough to pay out all the claims. You wait and see, ALL the insurance companies will have to be bailed out in the end and every American will end up paying for it in increased premiums, taxes etc.

  • Posted By: petersantoso @ 09/20/2008 12:35:01 AM

    These CEOs already know that the worst is going to happen. They are too smart NOT to know that their company is heading to bankruptcy. It is the Board's responsibilities to find out and act and for the stock holder to immediately act and move to oust them immediately without any compensation when this is happening. Watch other banks that has subprime-mortgage, they are next, NO DOUBT.

  • Posted By: Bobbles @ 09/20/2008 12:29:48 AM

    The general opinion in my office, including my Boss, is that these CEOs etc obviously conned their way into the jobs as they are obviously incapable of telling the truth. They lie to regulators, accountants, shareholders and end up laughing all the way to their fat bank accounts and protected pensions.

  • Posted By: whatsgoinon @ 09/20/2008 12:29:25 AM

    why are these people not confronted ,sorry i made a mistke on my last comment ,am I fired or do I get a raise.LOL

  • Posted By: whatsgoinon @ 09/20/2008 12:26:05 AM

    Why are these people confronted /

  • Posted By: Solidone @ 09/20/2008 12:24:14 AM

    This is all a result of the atempt by the total of the goons that run these companies who are neandorthals of the wurst kind and then take our money and run to foreigners that own the US of A and try and make us all weak. They take our guns and jobs so they have more power. The soviets are behind the hole mess and we need strong leaders that know how to stand up and not blink to there leaders otherwise the high paid ceos will keep making more money . And that is why McKain and Sarah are best for the econonmic situation. He can fight them and she can post lookout in Alaska for the russians to come.

  • Posted By: cocspcpl @ 09/20/2008 12:24:08 AM

    This is just purse crap plain and simple!!! These jerks are paid BIG money to succeed and fail!!! What a rip off especially to us middle to lower income folks that actually work for a darn living!!! I wish I had a job where I could FAIL and end up a multi-millionaire. This country is in a tail spin because of these type of ridicules tactics and follies. WAKE UP AMERICA and call your federal representatives and tell them ENOUGH is ENOUGH!!!

  • Posted By: yadi20 @ 09/20/2008 12:23:28 AM

    Well at least the Fannie and Freddie CEO's got zilch for walking away....Smart! now if only we can do the same to the rest of those DORKO'S...and use that toward OUR huge DEBT that these DORKS have created!! Literally, we are paying for THEIR GAMBLES...SO UNFAIR!! We should all be CEO'S!!

  • Posted By: cocspcpl @ 09/20/2008 12:23:24 AM

    This is just purse crap plain and simple!!! These jerks are paid BIG money to succeed and fail!!! What a rip off especially to us middle to lower income folks that actually work for a darn living!!! I wish I had a job where I could FAIL and end up a multi-millionaire. This country is in a tail spin because of these type of ridicules tactics and follies. WAKE UP AMERICA and call your federal representatives and tell them ENOUGH is ENOUGH!!!

  • Posted By: AllenWH @ 09/20/2008 12:23:00 AM

    Let's see. Politicians fail; they get fired, not re-elected. General fail; they get fired, not promoted. Big league managers fail; they get fired, period. CEO's fail; maybe they get fired, maybe they don't, but they get rewarded with obscene payouts in either case. How do I get a job like that? I know how to take stupid risks. Are there other pre-requisites? Obviously the ability to recognize a preposterous economic model is not one of them. Maybe it's a willingness to wear a coat and tie.

  • Posted By: CathieC @ 09/20/2008 12:19:12 AM

    johnpsix : You are s-o-o-o- right..... .........................................................................................................................................................................................................................................................

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