Skip to main content

View Diary: 18 Billion Dollars? Talk is cheap - GIVE THE BONUSES BACK! (22 comments)

Comment Preferences

  •  All well and good, but (0+ / 0-)

    the bonuses were paid to people, not "Wall Street."

    I'm sure only a small part of the 18 billion went in bonuses to "people like us,"  you know, median income folks.  Undoubtedly some of the bonuses were also paid under pre-defined employment contracts.  So, a blanket recovery is not possible or even desirable -- unless you want to ignore or wipe out protections under contract and labor law.

    Has anybody seen a breakdown of the 18 billion?  Once the distribution and terms are understood, then a real effort to recover a significant portion of the bonuses can be undertaken.

    the fact that you're right is nothing more than interesting

    by Egg on Fri Jan 30, 2009 at 08:03:16 AM PST

    •  yeah, and my Aunt Tillie too (0+ / 0-)

      Aunt Tillie, receptionist for 40 years, just had a hip replacement - sorry Aunt Tillie, your company got bailout funds - gotta give the bonus back - the bonuses were incentives to retain talent - Aunt Tillie will understand...

      Livin' the Murkin Dream!

      by smartinez on Fri Jan 30, 2009 at 10:29:40 AM PST

      [ Parent ]

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site