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Eric J in MN Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 07:48 PM
Original message
Bogus limit on executive pay in bailout bill...
...in version of the bill going around Congress today.

Corporations which participate in the bailout will have to have a non-binding vote on executive pay.

No maximum salary for CEOs who accept public money to bailout their corporations is in the bill.
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AzDar Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 07:50 PM
Response to Original message
1. This whole thing needs to be re-examined. Fools rush in....
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sixmile Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 07:53 PM
Response to Original message
2. Not just executives should have limited pay
Every employee, trader, secretary, bondholder, right down to the janitor.

The CEO's should be happy the public is medicated and not coming at them with torches and pitchforks.

If this were China what do you think would happen to the executives? I'm just saying.

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antigop Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 08:00 PM
Response to Original message
3. We should push for an equity position, shareholder voting rights on the shares, binding resolutions
That way WE get to vote the shares because WE will own them.

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lib2DaBone Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 08:25 PM
Response to Original message
4. Why Are Dems Even Dealing with This Criminal Bill?
Throw the whole thing in the trash... Not Just No... HELL NO!
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Eric J in MN Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 08:33 PM
Response to Reply #4
5. I agree. There isn't going to be a total economic meltdown between now and January...
...if this bill doesn't pass.

Wait until we have a new president to work on the economy.
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