trektorial

Now I can already hear the hooting and howling from the “free market” pretenders, but slashing the outrageous bonuses that companies are giving their execs after taking government funds sounds, to me, like the market in action. It sends a simple message: if you don’t want to get your bonuses slashed, don’t screw up and ask the gub’mint to bail you out. It’s like if you get caught gaming welfare so you can buy a Benz. Until now, these companies were only required to provide guidelines for t

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Big payoff cuts coming for bailout firms