Tuesday, September 30, 2008

New Rule #3: If you're a CEO who's screwed up your bank, you don't get to walk away with millions of dollars

I can't believe that they even have to debate about a cap on severance packages for CEOs of the banks and financial institutions that have gone bust. Because of their greed, the average man in the street has lost their retirement savings, life savings, houses, livelihood and they get to walk away with up to 20 million dollars as a golden parachute? Why should there even be a debate on it??
These crooks should be booted out on to the street with nothing in their wallets! Their homes should be foreclosed, their severance packages should be divided up among the people who trusted them to look after their money! Enough is enough!

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