Photos: CEOs Golden Parachutes From Failed Firms

The recent bailouts AREN"T doing any better. The new head of Freddie Mac is to receive $900,000/year salary. This is a company you and I own folks and our government just gave this guy 900 grand saying that its 25% less than the last crook!
Boot them all out!!!

Do a search on Henry Paulson and what he supposedly got away with in Europe . He got away with a bundle in banking scam . Dont believe me Go to your computer and search Henry Paulson by name

No Bailout No way. The housing market is not going to get better. It is going to get much worse.
The difference we will be 1 trillion dollars in debt on top of the Iraq War debt. Giving the people that are responsible for this issue more money is totally ripping off the American people even more. It will not create new jobs ease inflation make medical care or education more affordable. People are worried about their 401k's they should worry where they are going to live when they get kicked to the curb or can't heat their homes this winter or put food on the table. The American people are sick and tired of being taxed for greed of people that don't even need the money. This is an outrage how dare they just make this shotty bailout plan without taking the vote of the people. People are trying and contacting their reps, senators, congressmen and presidential candidates in protest of this bill yet they continue to ignore the voters the American Public. Stop holding the people hostage to the greed. Use a fraction of this debt to invest in America like alternate energy and fuel, health care, education and jobs for Americans enough is more than enough check out the online petition and sign against the bailout bill. You say you want change well change it contact your reps,senators, congress. The website is already set up take action for change.

Stop the bailout not with blogs, take action check out this website and sign the petition. Tell Washington the
American people will take no more stealing from the poor and giving to the wealthy few.

http://www.petitiononline.com/bailout/petition.html

No Bailout No way. The housing market is not going to get better. It is going to get much worse.
The difference we will be 1 trillion dollars in debt on top of the Iraq War debt. Giving the people that are responsible for this issue more money is totally ripping off the American people even more. It will not create new jobs ease inflation make medical care or education more affordable. People are worried about their 401k's they should worry where they are going to live when they get kicked to the curb or can't heat their homes this winter or put food on the table. The American people are sick and tired of being taxed for greed of people that don't even need the money. This is an outrage how dare they just make this shotty bailout plan without taking the vote of the people. People are trying and contacting their reps, senators, congressmen and presidential candidates in protest of this bill yet they continue to ignore the voters the American Public. Stop holding the people hostage to the greed. Use a fraction of this debt to invest in America like alternate energy and fuel, health care, education and jobs for Americans enough is more than enough check out the online petition and sign against the bailout bill. You say you want change well change it contact your reps,senators, congress. The website is already set up take action for change.

No Bailout No way. The housing market is not going to get better. It is going to get much worse.
The difference we will be 1 trillion dollars in debt on top of the Iraq War debt. Giving the people that are responsible for this issue more money is totally ripping off the American people even more. It will not create new jobs ease inflation make medical care or education more affordable. People are worried about their 401k's they should worry where they are going to live when they get kicked to the curb or can't heat their homes this winter or put food on the table. The American people are sick and tired of being taxed for greed of people that don't even need the money. This is an outrage how dare they just make this shotty bailout plan without taking the vote of the people. People are trying and contacting their reps, senators, congressmen and presidential candidates in protest of this bill yet they continue to ignore the voters the American Public. Stop holding the people hostage to the greed. Use a fraction of this debt to invest in America like alternate energy and fuel, health care, education and jobs for Americans enough is more than enough check out the online petition and sign against the bailout bill. You say you want change well change it contact your reps,senators, congress. The website is already set up take action for change.

when there is a profit to be had...it's private......................if there is a loss it's a social problem .................let the middle class pay for government and big business...because the government is the biggest business in this country...hail to the thief

I totally disagree with the bailout.....when the middle class has to file bankruptcy due to the gas prices, increasing cost on groceries, utilities, and increasing percentage rates on loans, not to mention that they may even be laid off or fired, you don't see the government bailing us out. Once again, the upper class (CEO's and whoever else doesn't sweat for a living) get a slap on the wrist where the regular everyday person would be penalized. I don't care what anyone says, neither one of our presidential candidates will make a difference it they are elected to office. If any of you think they will, you're crazy. Your just feeding into the typical song and dance every presidential candidate gives....and not one of them or their peers have followed through. Our country has become a far cry from what our forefathers ever envisioned it to be.

If the company loses money, no officer of the company should receive a "parachute"!!! They were paid well while the company sank, probably overpaid; there should be NO bonus of anykind. These Golden Parachutes are just the same as stealing money from the company and thereby the stockholders! An executive's salary should not exceed 2million. All over 2 million should be taxed at 98%.

Since the American people will have to foot the bill for this, the American people, who can't pay their mortgages, etc, should be given this money to bring their loans current. This would help the business by bringing in funds. And since we have to pay for this anyway, we should reap the benefits, not the scoundrels who have ripped off customers by helping them get into loans/contracts that the businesses knew the customer would not be able to pay.

Where do you think all of those people that were involved in the dot-com fiasco went to? Banking and finance! They now want to be assured that they will get those 'golden parachutes' that they negotiated in their contracts. Congress wants to assure stable financial institutions that their CEO's will not lose their 'golden parachutes'. They blame this on home-buyers that did not understand what they were getting into, but these were the people in charge. They were the ones that created those lending instruments. Now they are not responsible? Anyone, including Frank, Obama, Clinton etc. that received money from Fannie Mae or Freddie Mac should return the money they received. It may be a small drop in a very large bucket, but it would at least show some responsiblity.....

If the company loses money under the officers, none should receive a dime!! They were paid well while they lost monies, that's enough. The golden parachute is the same as stealing from the stockholders!!!

I echo many of baronbee's sentiments save for one idealistic indulgence:

WE are no longer the elector of the office...it's all lobbyists, and until they are outlawed or
made to be transparent ( as proposed by Oblack I blameya and others), we won't be able to reign in nor punish the perpetrators.

dave r
madison CT

I don't pretend to know whether the economy absolutely needs this bailout, or if it is another scam by Bush and his cronies to shore up the Economy long enough so that at a later date they can point their fingers at Democrats. Nonetheless, the idea of executive compensation is absolutley ludicrous. Evidently some CEOs have considered not cooperating with the bailout measures contingent on how fat their wallet would become after the bailout took place. These CEOs whoever they are should sit in prison for such an affront to the American people. Our Senators and Congressman/women are asking themselves what executive compensation should be capped at, when they should be asking why these men and women deserve heaps of money for the mistakes that were made under their watch. The only party not involved in these negotiations is the American tax payer, and our future generations that will someday have to shoulder the burden of our National Debt, not that seemingly any of the knucklehead cracked out vagabonds on Capitol Hill would understand that. Our legislators have forgotten how they ended up on Capitol Hill in the first place, US. They are so detached from reality that they seek to govern in the way they best see fit right or wrong, when they should be governing on our behalf, carrying out OUR will. We need to expunge the majority of them from their seats in House & Senate (the idiot sitting in the oval office as well), and overhaul the entire system.

where did most of those people go from the dot-com fiasco? Investment and finance! Just another case of the rich getting richer. I know that I am responsible for the debts that I incur, but these people seem to claim they are not responsible and deserve the golden parachutes they negotiated in their contracts. Can the gov't give me a couple of hundred grand? I probably could do better than those monkeys that wear suits.

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