<p>“Your MIL should talk to Geithner.”</p>
<p>Maybe he’ll offer her a few tax tips.</p>
<p>lol…</p>
<p>
</p>
<p>hmom5, since it was a letter to the editor, written by that middle manager, it’s hard to see how his comments could have been taken out of context. That was the published letter in its entirety, except for name and city. Hard to read it as anything but entitlement.</p>
<p>Wall Street needs people like Gordon Bethune. When his employer Continental Airlines lost money, he returned his bonus. And by the way, after $700 billion in TARP money, credit markets are still frozen, stocks are still nosediving, businesses are still failing, and people are still getting thrown out on the streets by the truckload. So what exactly did TARP do? Preserve a system that crashes every 5-7 years?</p>
<p>As far as compensation structure goes, they knew this well before entering the industry. By entering the industry, they took a risk that their companies would go under and they wouldn’t get a bonus. Well they took a risk and lost. I don’t feel bad for them. If they want the structure changed, then change the structure, but don’t blame your 9 digit bonus on that. That’s absurd.</p>
<p>TARP did nothing. Are you going to blame Wall Street for that too? When will people rightfully turn the anger on our elected officials?</p>
<p>No, I’m not blaming Wall Street for that. I want congress crucified for it.</p>
<p>hmom5, Wall Street was supposed to have the best financial minds in the world. Not congress.</p>
<p>Watching congressional hearings it becomes clear congress is clueless.</p>
<p>But what is Wall Street’s excuse?</p>
<p>The clueless thinking making money cheap would help the economy and handing them loaded guns.</p>