Comments on: Bailout bonuses: Does the public have a right to know?

By: Passion Fruit Squash

Passion Fruit Squash — Tue, 08 Sep 2009 11:33:41 +0000

Hey great article way to go!!!!!!!!!!!!!!!

By: Bajaraja

Bajaraja — Thu, 03 Sep 2009 06:01:14 +0000

If said CEO’s and employees receive any public funding whatsoever, I don’t care if it’s even a penny, then it would be a crime to NOT report their salaries.They are taking my tax money, therefore I now have a say in what happens to their company or business.

By: Sergey

Sergey — Wed, 02 Sep 2009 18:38:24 +0000

I work in finance. I used to work with some “financial brilliant minds”. Majority of them just pushy people who really gamble with others people money without second thoughts.Capitalism doesn’t mean anarchy or free ride for jerks.Capitalism was over when these ‘proud CEO’ accepted public fund. Today they are paid by public and must act accordingly.1. Corporate law shields top level executives from any responsibilities for wrong/bad decisions. For years investors failed to gain transparency. Handpicked corporate boards tend to protect executives rather than investors. That is the root of unjustifiable salaries.2. We saw these brilliant minds at work:Lehman – CEO failed to act quickly to sell the back.Merrel – CEO was busy with $5,000,000 office renovation on the middle of collapse.Bear – CEO bailed out failed hedge funds without looking into financial statements.AIG – “we will never loose a cent” 2 mo before collapse.These CEO are gone but their lieutenants still run the show. If they cannot stay public light they must go.

By: Alejandro

Alejandro — Mon, 31 Aug 2009 12:06:00 +0000

It´s completely unfair for individual employees compensation to become public on a name by name basis.It´s fair for the public to know what the pay distribution curve looks like at these companies.Not that it matters though. companies have to compensate their employees in line with what the competition pays. Otherwise they will simply jump shimp and go elsewhere.

By: Frank

Frank — Sun, 30 Aug 2009 22:29:07 +0000

There’s nothing wrong with hiding everything these days. We are certainly headed toward a socialist form of government, as every other developed nation has experienced. The American people have just exactly what they want with this government mess, or they’d demand change. I’m glad I’m old and don’t have too many more years left to deal with these issues. It’s every dog for himself for a while longer, then things will change most assuredly.

By: RH Pyle

RH Pyle — Sun, 30 Aug 2009 22:09:41 +0000

Response to Robert..I’m sick and tired of hearing Social Security described as something people take from our system without earning it! As long as it’s coming out of my lifetime’s worth of paychecks I damn well want it when it’s my turn! The government has collected these monies for years and from time to time the government “borrows” from it. There’s the problem,,government misappropriating or allowing corporate weasles to steal and overcharge the people of this country. Visit another country and see how much better things can be done.

By: RH Pyle

RH Pyle — Sun, 30 Aug 2009 21:56:27 +0000

“Privacy laws and fears that highly compensated executives will become targets for an angry public argue for limiting disclosure.”Fear of an angry public??? Damn right they should fear them! Usurping tax dollars to prop up businesses which on a fair field of endeavor would go belly up calls for accountability! Accountability which is long overdue. These “captains of industry” have unashamedly exploited the American workforce and cried poverty for decades. The way these guys throw money at political figures while leaving the working men and women behind is downright ugly behaviour. Millions for campaigns but not a dollar for better wages and healthcare for the rank and file. Yeah,, I’m sympathetic!

By: AC

AC — Fri, 28 Aug 2009 22:37:25 +0000

it’s simple… there are conditions to the contract these companies now have with their primary investors (insert american public here). sounds like they’re not used to that. stings a bit i bet.

By: wuddajook

wuddajook — Fri, 28 Aug 2009 21:09:12 +0000

Feinberg in charge as pay czar is just one more example of the good old boys club protecting themselves. What value does a lawyer like Feinberg add to the economy? Nothing. Nothing is produced, nothing of value added to our society. In the end, so to speak, the taxpayer gets screwed once more. This is public money —- taxed from the sweat of our labor every hour of every day, or borrowed on our behalf by reckless politicians, so we also labor to pay the interest on something called the national debt. Is something wrong with this picture??

By: Andi Rapp

Andi Rapp — Fri, 28 Aug 2009 17:28:42 +0000

Why shouldn’t they be published? School Teachers have their salaries published and the entire community gets to chime in when they want a raise – and teachers actually WORK.