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Simple question: Have any of those slimy bankers agreed to give the bonus money back?

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RiverStone Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-11-09 09:24 PM
Original message
Simple question: Have any of those slimy bankers agreed to give the bonus money back?
Kudos to Barney Frank, the Democratic chairman of the House Financial Services Committee who slam dunked eight banking CEO's today over their greed and use of our taxpayer dollars to line their pockets (and those below them) with lavish bonuses.

They were contrite, apologetic, maybe a little embarrassed. Yet this tax payer wants to know are we going to get any of the 18 billion mis-spent dollars back? We can only hope that there will be civil or criminal prosecutions ahead (see Merrill Lynch bonus-gate); but for now, how about returning our money? The Wyden-Snowe amendment was proposed to recover some of the ill gotten gains, but I have lost track of it's success or passage.

Why the fuck don't I (we) get a cut of that bonus $$$ in the form of a lessor interest rate on my 30 year Countrywide (aka Bank of America) mortgage? At the very least, if we don't get any --- the folks spending our money on yachts and Caribbean junkets need to give it the fuck back!

:rant:
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Mike 03 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-11-09 09:28 PM
Response to Original message
1. Did you watch the tesimony?
Some did agree to work for nothing and some didn't.

Like any chaotic situation, there are positive and negatives from this, which were discussed today.

I'm sure you watched, and I bet you were as fascinated by it as we all were.
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RiverStone Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-11-09 09:34 PM
Response to Reply #1
5. Saw snippets on Countdown/Maddow --- not the whole testimony
And I heard lots of --- oh, sorry, we won't do that again --- and enjoyed a degree of comfort seeing the CEO's called to the table.

Yet I did not hear one person say --- ya know, we screwed up - here is the money back

While working for a dollar a year may sound good, when you factor in stock options and other under the table dealings, I assure you they will still go home every night NOT worrying about making this months bills.

Let em earn lots of money in the private sector, but when they are using our money to play poker while the house is burning down, that arrogance must be stopped.
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A-Long-Little-Doggie Donating Member (895 posts) Send PM | Profile | Ignore Wed Feb-11-09 09:28 PM
Response to Original message
2. You are wrong...
I saw one of them on the tv today saying that they DID NOT GET BONUSES!!! They got AWARDS!!! Which are not BONUSES!!! Sheesh!!

I think you need to apologize to the poor bankers now...

:P
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RiverStone Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-11-09 09:38 PM
Response to Reply #2
6. No apology, but I may consider giving them this....


If we get back every greedy penny, plus interest!
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Joyce78 Donating Member (497 posts) Send PM | Profile | Ignore Wed Feb-11-09 09:44 PM
Response to Reply #2
7. I've been trying to reply to you re: awards aka bonuses!!
I'm getting fed up with DU ... I can't seem to post any responses. Could it be that I don't have the money to contribute? I'm still trying to reply to you. Awards is the new aka Bonuses!! God sakes, and these idiot so-called lawmakers sat and listened to the Big Eight inform the Committee (not the rest of us ... we don't have access to things like that!!!!!!), we have access to the latest rapper who's in trouble, courtesy of MSNBC, of what their latest services are. NOT ONE WORD OF WHERE THE MONEY WAS SPENT OR KEPT OR WHAT THEY ACQUIRED!!!!!!!!!!!!!!. What is wrong with these congressional hearings?? Time for TERM LIMITS AND THAT INCLUDES THE SUPREME COURT. end of rant
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Joyce78 Donating Member (497 posts) Send PM | Profile | Ignore Wed Feb-11-09 09:28 PM
Response to Original message
3. Simple Answer. No. EOM
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Duer 157099 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-11-09 09:30 PM
Response to Original message
4. Goddamn right! I'm so sick of this "I'm sooo sorry" bullshit!
Jeezus if any of us tried that in court we all know where we'd be - in jail.

"But.. but... I'm SORRY!! Do you HEAR ME??? I'm SORRY!!"

Oh, okay, we forgive you, keep the bonuses while we go homeless.

Those rat bastards!

I hope Congress and Obama and everyone else is noticing how "we just want to look forward" has a serious detrimental trickle down effect!

NO MORE!!

grrrrrrrrrrrrrrr
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