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joether -> RE: White House pays its staff $38,796,207. (7/2/2010 10:43:35 AM)
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Not to long ago, reporters from several agencies reported on the 'pay' of executives from some of the banks that were given bailouts. Also, those companies in the health care industry, that complained they had to raise rates by double digits, to help pay for executives with pay in the millions of dollars. Would you invest in a company, that requires a few hundred million, if not a few billion (i.e. AIG) to pay for their top 100 executives? Just think, they could have their salary pakcage reduced to about a mere $800K/year and the CEO, $5 million, and pass those savings on to the stockholder/customer. Nay....that would be un-American!
Yes, if we had full transparency of those companies that took bailout money, would any of us be really surprised by the foolish games they played? How their actions nearly cost this country dearly? The best part, is when I observe Republicans trying to defend these guys, to the unemployed father of three, as being 'in the best interests of the country'. The look on that father was priceless. Not in a good way, either, folks.
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