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Eisboch[_4_] Eisboch[_4_] is offline
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First recorded activity by BoatBanter: Dec 2008
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Default Pay Cap Wednesday for Bailed Out Corporations


"Wizard of Woodstock" wrote in message
...
On Tue, 03 Feb 2009 23:42:19 -0500, HK wrote:

$500,000 a year is more than the assholes running failed companies
deserve.


Your liberal Democratic buddies running New York don't think this is
such a good idea - it's going to impact their income tax revenue by
20%.

Interesting side bar - Goldman Sachs is preparing to give the money
back along with BOA, Wells Fargo and a couple of other banks.



That's interesting. Hadn't heard that.
I wonder why? The income and bonus cap doesn't apply to those who received
TARP I funds.
It only applies to future TARP money.

Eisboch