Gothamist: Bank Executives Promise Not to Use Bailout Money for Bonuses

NannyState

Fri, 14 Nov 2008 19:22:39 -0500

They said they would "never ever do it again, erm, not until the next time..."

abcohen

Thu, 13 Nov 2008 22:27:31 -0500

BULLSHIT!!!! BULLSHIT!!!! PLEASE SIGN CONTRACTS SAYING NOW BALLOON PAYMENTS OR RAISES EITHER!!!!! and PLEASE WILL THE IRS PUT THEMSELVES INTO SOMETHING USEFUL LIKE AUDITING THESE BIG WIGS!!!

Shinobi Shaw

Thu, 13 Nov 2008 16:00:57 -0500

They are going to use the money to buy assets and give themselves bonuses at the American Taxpayer's expense! Nothing like LOOTING and pillaging the people down to the poorhouse, huh, Bankers? Google these words: Money Masters Federal Reserve 1913 act

PFCheungs

Thu, 13 Nov 2008 15:58:11 -0500

OF COURSE they shouldn't be using taxpayer dollars to pay for bonuses. That's so blatantly obvious..... the point is they shouldn't be doling out these egregious bonuses to begin with if they need to be bailed out.

Outter Burrougher

Thu, 13 Nov 2008 15:47:48 -0500

were their fingers crossed?

Tgirl

Thu, 13 Nov 2008 15:47:34 -0500

promise? cross your heart and hope to die??

feral555

Thu, 13 Nov 2008 15:32:24 -0500

If they say they promise then I believe them. I mean they are bankers after all. I mean where would we be if America had dishonest bankers? Oh wait... nevermind.

Papercutninja

Thu, 13 Nov 2008 15:25:04 -0500

MONEY=MONEY. They will use it regardless. The only way to prevent this is TO NOT PAY THESE IDIOTS BONUSES.

jackdonaghy

Thu, 13 Nov 2008 15:15:06 -0500

Promise? It should be illegal to use that money for bonuses.

felixthecat

Thu, 13 Nov 2008 14:55:00 -0500

there should be no bonus if the company is unprofitable. if there are bonus then why did they need bailout. if they have enough money to pay bonuses in a failing company then no need for bailouts

faprilano

Thu, 13 Nov 2008 14:54:14 -0500

biggest crock of "s*%t" i have ever heard.

nycviabos

Thu, 13 Nov 2008 14:43:56 -0500

Instead, they'll move the money around on the books so that they can now use other cash remnants to pay executive bonuses.