In 2008 Citigroup & Merrill Lynch lost $55 Billion and received $55 Billion from the Fed. Gov't, yet paid out $9 Billion in bonuses ! How do you feel about that?

It infuriates me.

what if you are an employee for them that received a bonus for being one of the top performers. all bonus are not going to the big heads, after all.

if an employee leaves the company it costs ton to replace and train so might be cheaper to give the 500 bonus to keep employees happy and with the company.

i am not saying that some might not have been warranted but all bonuses are not bad from a business perspective.

+5

I think it is criminal. If it is not, it should be. CEO's and corporate executives are ruining America. Nobody wants to do anything about it either.

Good question. +5

I lost money with Merrill Lynah, and thats all I'm going to say, anything else would be unfit for printing anywhere !

my ass hurts


they were under contract, and if they didn't pay they would be sued costing us more money
just a few of the ways ppl corrupt an otherwise good system

Outrageous. Shareholders must take back control of these corporations.

The top pay of the exectutive should be voted upon by the compensation committee within the corporation. If they are out of hand, the stock holder have a say. Although they lost a ton of money, I am not in total agreement the government should dictate pay at publicly owned companies. The government forced the banks to take the gov't money. The companies may or may not have failed (some would have for sure) but that is the whole risk of equities. Also, it would have increased the speed of the recovery, but now we will be down for quite some time. The commericial real estate losses have not even been taken yet and they could be larger than the residential.

Socialism is not good for enterprise, standard of living, research, innovation.

That's about how they roll.