Little Rishi

.....a blog about personal finance, motivational stories, deals, and special offers

Books
Amazon.com
Sweepstakes
Free Sweepstakes
Web Domain Registration
Go Daddy $12.99 Turbo SSL Sale!
Trusted by over 7 million customers!
Search Engine Submission - AddMe
Free Search Engine Submission
Free Search Engine Submission
Saturday, March 21, 2009
Just a thought: High taxes and limits on executive bonuses
Many bankers and Wall Streeters aren't happy about the high taxes and limits on executive bonuses being imposed on firms that have taken TARP money. Reason - they say that it will make highly talented people leave their firms! The questions that should be asked is:

- If these guys were so talented, how come their firms ended up needing TARP money?
- If these executives leave their current job, who will hire these so called "talented people"? If these talented people show the "same acumen" and "briliance" as they showed at their previous firms, then it's quite possible that their new employers could very well end up on looking to TARP money to bail them out.

If these executives hate the high taxes and limits on bonus, they should do the simple thing - return the taxpayers money back to the government. They are free to do anything with their own money. Just a thought.

Related Links:

WeeklyWorldNews: Taxing AIG Bonuses

CNN.com: Obama tries to stop AIG bonuses: 'How do they justify this outrage?'

WSJ.com: Treasury Will Make Grab to Recoup Bonus Funds

Labels: , , ,

posted by Little Rishi @ Saturday, March 21, 2009  
0 Comments:
Post a Comment
<< Home
 

See important Disclosure and Disclaimer

Favorite Quote
"Work is worship".
                - Author Unknown
Disclosure
This site, including blog posts, may contain reviews, links, banners, text and other forms of advertisements for products, services, courses, and so forth of companies of which we may be an affiliate member or for which we may get paid for referrals. This site may also contain blog posts for which we are paid, as well as blog posts regarding products or services of companies from which we may have received complimentary products or services.
Reward Surveys/Panels/Shopping/Contests
survey_reward_120x60
Job Search site
Indeed Jobs
Yahoo! HotJobs - Job Postings
Monster
CareerBuilder
Credit Cards
Insurance
Health: eHealthInsurance
Auto: www.21st.com
Auto/Home/Renters/Health:NetQuote
Travel
Phone Service
Investing
TheStreet.com 120x120 Best Seller Giveaway
Questrade
Babysitters
Find the perfect babysitter at Sittercity.com
Previous Posts
Archives
Disclaimers, Privacy Notice and Disclosures
  • Disclaimer

  • Privacy Notice

  • Disclosures
  • Subscribe to Blog Posts
    Add to Google Reader or 

Homepage
    Bookmark this blog site
    Contact Me

    Email