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Workers are sure waking up - WJ this morning is

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
 
malaise Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-08-08 06:13 AM
Original message
Workers are sure waking up - WJ this morning is
Edited on Mon Dec-08-08 06:14 AM by malaise
very lively. Some great calls - the greatest financial scam in the history of the US.

Good morning CSpan WJ regulars and coffee drinkers. :hi:
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AllieB Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-08-08 06:16 AM
Response to Original message
1. Just tuned in.
Good morning! :hi:
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malaise Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-08-08 06:19 AM
Response to Reply #1
3. Good morning
Looks like John Thain is beyond crazy. I dare Merrill Lynch to give him that bonus.
http://online.wsj.com/article/SB122870455251587405.html...
<snip>
Merrill Lynch & Co. chief John Thain has suggested to directors that he get a 2008 bonus of as much as $10 million, but the battered securities firm's compensation committee is resisting his request, according to people familiar with the situation.

The committee and full board are scheduled to meet Monday to hear Mr. Thain's formal bonus recommendations for himself and other senior executives of the New York company. No decision has been reached, and it isn't known what Mr. Thain will recommend, but the compensation committee is leaning toward denying the executives bonuses for this year, these people said.

The difference of opinion between Mr. Thain and directors who hired him just a year ago is part of the bigger debate about compensation practices at Wall Street firms. Many blame Wall Street for fueling the credit crisis that dragged the U.S. economy into recession, and the giant paychecks that are routine at many Wall Street firms have received deepening criticism as the government extends aid to banks and securities firms.
---------------
Fire his ass!
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Are_grits_groceries Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-08-08 07:13 AM
Response to Reply #3
9. All I can say about giving that loonbrain a bonus is:
Edited on Mon Dec-08-08 07:24 AM by Are_grits_groceries


"It was the best of times. It was the worst of times." Madame DeFarge is really busy now!
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elleng Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-08-08 06:18 AM
Response to Original message
2. No cable at the moment;
link?
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malaise Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-08-08 06:20 AM
Response to Reply #2
4. Here you go
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elleng Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-08-08 06:26 AM
Response to Reply #4
5. Thanks, mal.
.
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Historic NY Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-08-08 06:33 AM
Response to Original message
6. any compqny that takes the bailout should not reward these asshats..
Edited on Mon Dec-08-08 06:33 AM by Historic NY
for running them into the ditch...bonus..where's mine for putting up with them.
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geckosfeet Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-08-08 06:51 AM
Response to Reply #6
7. I agree. Bailout money is not revenue from business as usual. It represents failure.
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malaise Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-08-08 06:58 AM
Response to Reply #6
8. You'd better tell John Thain
He's looking for his bonus. :puke:
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