Why You Should Hate the Treasury Bailout Proposal
Some of the foxes have apparently have already left the henhouse.
http://news.yahoo.com/s/ap/20080925/ap_on_bi_ge/bailout_ceo_pay
Disgusting.
This is just part of the reason why some reforms in regulation, as well as some self imposed reform on Wall Street, are necessary.
It's just too simple to ride, and encourage, an inflated bubble and collect those outsized bonuses at all levels in the company.
When the bubble bursts and you're out of a job, you're set from the bonuses that you previously got. Especially at the executive level.
The best part is that, after vacationing for a couple of years, you can get a job in the industry when the next bubble arrives, if you want. You're experienced!