On Feb 5, 6:34*am, HK wrote:
wrote:
On Wed, 04 Feb 2009 19:42:18 -0500, BAR wrote:

HK wrote:
....courtesy of some corporate puke being interviewed on CNN about the
president's proposal to limit executive pay in companies that received
bail-out funds to no more than $500,000.

"We're not going to get the best and brightest to work in corporations
anymore."

A. As if they did, and,

B. If they were the best and brightest, how come the companies they work
for collapsed?
Why don't do an analysis of all of the people who are going to lose
their jobs because that CEO had his pay cut back to that level.

That will have some ripple effect assuming they can't find another
gig. I imagine the real heavy hitters will get a job for megabucks in
a non-TARP company but $500k cuts pretty deep into the executive suite
so a lot of upper middle management will be taking a hit. The guy who
probably gets hurt the most is the $750k guy. Not enough pull to get
another $750k job but enough bills to take a serious hit from a 33%
salary cut.

My heart goes out to them. Maybe the $500,000 a year guy will have to
apply for food stamps.- Hide quoted text -

- Show quoted text -

You don't have a heart, coward.