wrote in message
news
On Thu, 5 Feb 2009 08:00:59 -0500, "Eisboch"
wrote:


"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

If they are able to give it back, why did they claim to desperately
need it in the first place?



If I recall correctly, only a few said they "desperately" needed it. AIG
for example. The rest just got in line for the handouts. Why not? Even
GMAC and American Express filed to be declared banks in order to qualify.

Eisboch