Did you know?

I suppose everybody already knew this...

The current Tresury Secretary of the United States is Henry M. Paulson

Henry M. Paulson initially opposed the part of the bail-out that would limit on executive pay.

Between 2003 and 2006...Henry M. Paulson received $111 MILLION from Goldman-Sachs Group Inc.

Gee...I can't understand why he would oppose that certain aspect of the bill.

HE HAS CHANGED HIS MIND.....BUT I WILL STILL BE INTERESTED IN HOW THE LIMITS ON EXECUTIVE PAY WILL BE STRUCTURED

I bet Scott Boras wishes he had worked on those contracts. In case you don't know Scott Boras is a super agent for sports stars....mainly Baseball.

Scott Boras is the agent of Alex Rodriquez who Alex went behind to sign his last contract with the Yankees.

Of course Scott still got his fee....but Alex felt he wasn't as concerned with Alex's future as he was with the money being sought.

Alex still gets around $27 million a year.

Now the LAWYERS that are handling these Corporate Dudes must be quite upset knowing that there will be limitations....but again I'm going to have to read how those limitations are structured.

KNOWING THAT IT IS LAWYERS WHO ARE DOING THE STRUCTURING...MAKES ME FEEL ASSURED THAT THEY WILL DO THE RIGHT THING.

HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA
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It is Seriously time to consider the GREED factor in a Free Market Place and in a Capitalist form of Government.

IF REGULATIONS DON'T LIMIT THE GREED THEN THERE WILL BE NO LIMITS BECAUSE THE PEOPLE INVOLVED WILL NOT DO IT TO THEMSELVES.

THAT WOULD BE SOCIALISM AND WOULD EVENTUALLY LEAD TO.....GOD DON'T SAY THE WORD....COMMUNISM

Well...that argument doesn't mean dick anymore because nobody really believes that would happen....except the people that like to use it for an argument on limiting the amount of money they can make.......

AN EXCESSIVE AMOUNT OF MONEY PAID TO CEO'S WHO LEAVES A COMPANY IS JUST SILLY.

AN EXCESSIVE AMOUNT OF MONEY PAID TO CEO'S WHO LEAVE A COMPANY THAT HAS LOST RIDICULOUS AMOUNTS OF THEIR MARKET VALUE
IS WAY BEYOND SILLY

YOU MIGHT SAY....WHAT EXACTLY IS EXCESSIVE?

And my answer is.....
that's what the Congress gets paid for.....it's their job to determine what that number will be.
And you can rest assured that it won't be a low number...but it will be a number that at least hits the salary cap.

I sure as hell don't want to hear the old story.....

if you don't pay them they will go to other places....and we will lose the best of the best.

what...like China....Russia.....India?

Well....seriously....don't let the door hit your ass on the way out!

Being rewarded with Stock Options if and when you have personally been responsible for huge gains in market share
is an entirely different story.

If the stock has tanked...then you should receive a small fish tank and a note
stating that you sucked at this job and don't even call us. In fact make sure you tear up all of your business cards and don't use us for a reference unless you need a new asshole.

REWARDING SOMEONE FOR DOING A HORRIBLE JOB
seems counterproductive to the goal of business.

Maybe that's just my take!

Henry Paulson received $111 MILLION dollars from 2003 to 2006

I wonder how much he paid to get job he has now?

Last time I looked the United States was bigger than Goldman-Sachs

Of course I haven't looked this morning....so maybe things have changed.

$111 MILLION

but you probably already knew that.

Michael Timothy McAlevey