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Old Nov 20, 2008 | 10:56 AM
  #49 (permalink)  
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oledoc2u
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Joined: Mar 2008
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From: IN
Default Re: Caught in the Crossfire at Capitol Hill

I really enjoyed this thread so far...but I really don't think we should bail out anyone...we should have never bailed out the financial institutions...Bank of America got it rt and what did they get, a good deal buying out failed brokerage firms at a cheap price, now they are even bigger and more successful...their CEO is paid 25 Million a yr...he did a grt job considering he out guessed wall street, but is he worth 25 million a yr? Its always about money at the top, but what do those at the bottom doing the work reap...well, they have a job, they get paid as long as their leaders find a way to make a profit...but if the top fails, it trickles down until the company fails, or restructures...no one should be bailed out by the government for free....and it isn't for free, these are government low interest loans that will have to be paid back...including the financial institutions...but there still should be repocussions on the CEO and top mangagement that put them there...unions aside...they still make the decisions and answer to stock holders like me...GM....2 bucks a share...anyone want to buy my stock....
 
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