<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
		>
<channel>
	<title>Comments on: Bank Bailout: When a Bonus Exceeds Earnings, How is It Not Fraud?</title>
	<atom:link href="http://firedoglake.com/2009/07/31/bank-bailout-when-a-bonus-exceeds-earnings-how-is-it-not-fraud/feed/" rel="self" type="application/rss+xml" />
	<link>http://firedoglake.com/2009/07/31/bank-bailout-when-a-bonus-exceeds-earnings-how-is-it-not-fraud/</link>
	<description>Firedoglake weblog</description>
	<lastBuildDate>Sat, 18 Feb 2012 07:09:41 -0600</lastBuildDate>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.org/?v=3.1.2</generator>
	<item>
		<title>By: letsgetitdone</title>
		<link>http://firedoglake.com/2009/07/31/bank-bailout-when-a-bonus-exceeds-earnings-how-is-it-not-fraud/#comment-1946787</link>
		<dc:creator>letsgetitdone</dc:creator>
		<pubDate>Sat, 01 Aug 2009 04:03:52 +0000</pubDate>
		<guid isPermaLink="false">http://firedoglake.com/2009/07/31/bank-bailout-when-a-bonus-exceeds-earnings-how-is-it-not-fraud/#comment-1946787</guid>
		<description>&lt;p&gt;Hi Synoia,&lt;/p&gt;
&lt;p&gt;I understand your point of view. But the fact is that all of these executives are in the same company. I understand the principle of separate profit and loss centers as well as the next person. But everyone in these large companies benefits from their identification with the overall company umbrella. Therefore I think that every unit should be responsible for both the profits and losses that are sustained by the Company in any unit where they occur. If we held the companies and their divisions to such a standard, we would not have the too big to fail to problem because profitable units in Australia would not want to be associated with units in New York that were taking high risks and that could possibly bring them down. These companies and their employees want the advantages of unity without the responsibility that brings. We ought to deprive them of such a have your cake and eat it too arrangement in the future. The divisions of these companies should be made to stand or fall together, so long as they choose to organize under the same umbrella. The company as a while ought to be profitable before anyone gets a bonus, especially if teh Company may need to be bailed out by taxpayers.&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>Hi Synoia,</p>
<p>I understand your point of view. But the fact is that all of these executives are in the same company. I understand the principle of separate profit and loss centers as well as the next person. But everyone in these large companies benefits from their identification with the overall company umbrella. Therefore I think that every unit should be responsible for both the profits and losses that are sustained by the Company in any unit where they occur. If we held the companies and their divisions to such a standard, we would not have the too big to fail to problem because profitable units in Australia would not want to be associated with units in New York that were taking high risks and that could possibly bring them down. These companies and their employees want the advantages of unity without the responsibility that brings. We ought to deprive them of such a have your cake and eat it too arrangement in the future. The divisions of these companies should be made to stand or fall together, so long as they choose to organize under the same umbrella. The company as a while ought to be profitable before anyone gets a bonus, especially if teh Company may need to be bailed out by taxpayers.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: MarkH</title>
		<link>http://firedoglake.com/2009/07/31/bank-bailout-when-a-bonus-exceeds-earnings-how-is-it-not-fraud/#comment-1946677</link>
		<dc:creator>MarkH</dc:creator>
		<pubDate>Sat, 01 Aug 2009 01:26:25 +0000</pubDate>
		<guid isPermaLink="false">http://firedoglake.com/2009/07/31/bank-bailout-when-a-bonus-exceeds-earnings-how-is-it-not-fraud/#comment-1946677</guid>
		<description>&lt;p&gt;Banks decided not to sell. Go figure.&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>Banks decided not to sell. Go figure.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: MarkH</title>
		<link>http://firedoglake.com/2009/07/31/bank-bailout-when-a-bonus-exceeds-earnings-how-is-it-not-fraud/#comment-1946676</link>
		<dc:creator>MarkH</dc:creator>
		<pubDate>Sat, 01 Aug 2009 01:23:58 +0000</pubDate>
		<guid isPermaLink="false">http://firedoglake.com/2009/07/31/bank-bailout-when-a-bonus-exceeds-earnings-how-is-it-not-fraud/#comment-1946676</guid>
		<description>&lt;p&gt;City National Bank at one time, but Citi Bank more recently.&lt;/p&gt;
&lt;p&gt;Incidentally, “citi” in Latin means “fast”, not tightly knight residential and business area. Beware of citious people!&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>City National Bank at one time, but Citi Bank more recently.</p>
<p>Incidentally, “citi” in Latin means “fast”, not tightly knight residential and business area. Beware of citious people!</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: MarkH</title>
		<link>http://firedoglake.com/2009/07/31/bank-bailout-when-a-bonus-exceeds-earnings-how-is-it-not-fraud/#comment-1946674</link>
		<dc:creator>MarkH</dc:creator>
		<pubDate>Sat, 01 Aug 2009 01:20:54 +0000</pubDate>
		<guid isPermaLink="false">http://firedoglake.com/2009/07/31/bank-bailout-when-a-bonus-exceeds-earnings-how-is-it-not-fraud/#comment-1946674</guid>
		<description>&lt;p&gt;It sounds like they need a formula to ensure nobody gets cheated. Maybe X% of profit goes to shareholders and Y% goes to bonuses and so on.&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>It sounds like they need a formula to ensure nobody gets cheated. Maybe X% of profit goes to shareholders and Y% goes to bonuses and so on.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: MarkH</title>
		<link>http://firedoglake.com/2009/07/31/bank-bailout-when-a-bonus-exceeds-earnings-how-is-it-not-fraud/#comment-1946667</link>
		<dc:creator>MarkH</dc:creator>
		<pubDate>Sat, 01 Aug 2009 01:17:24 +0000</pubDate>
		<guid isPermaLink="false">http://firedoglake.com/2009/07/31/bank-bailout-when-a-bonus-exceeds-earnings-how-is-it-not-fraud/#comment-1946667</guid>
		<description>&lt;p&gt;When there’s a gun to your head you aren’t going to worry about whether your pants are falling down. Dems were told they had to act NOW and they did.&lt;/p&gt;
&lt;p&gt;All other regrets are pretty much irrelevant and finger-pointing is out.&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>When there’s a gun to your head you aren’t going to worry about whether your pants are falling down. Dems were told they had to act NOW and they did.</p>
<p>All other regrets are pretty much irrelevant and finger-pointing is out.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: MarkH</title>
		<link>http://firedoglake.com/2009/07/31/bank-bailout-when-a-bonus-exceeds-earnings-how-is-it-not-fraud/#comment-1946665</link>
		<dc:creator>MarkH</dc:creator>
		<pubDate>Sat, 01 Aug 2009 01:15:08 +0000</pubDate>
		<guid isPermaLink="false">http://firedoglake.com/2009/07/31/bank-bailout-when-a-bonus-exceeds-earnings-how-is-it-not-fraud/#comment-1946665</guid>
		<description>&lt;p&gt;hmmm, are you saying ’stripes’ is the new ‘checkered past’?&lt;br /&gt;
or, maybe, ‘felon’ is the new ‘bankster’?&lt;/p&gt;
&lt;p&gt;Personally, I’m not in favor of throwing the book at these guys. After all, it cost them millions to get the deregulation and then it cost them trillions when their world crashed in. I think they’ve gotten a lot of what they deserve.&lt;/p&gt;
&lt;p&gt;I’d rather just fix the system, so it will begin working properly FOR EVERYONE.&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>hmmm, are you saying ’stripes’ is the new ‘checkered past’?<br />
or, maybe, ‘felon’ is the new ‘bankster’?</p>
<p>Personally, I’m not in favor of throwing the book at these guys. After all, it cost them millions to get the deregulation and then it cost them trillions when their world crashed in. I think they’ve gotten a lot of what they deserve.</p>
<p>I’d rather just fix the system, so it will begin working properly FOR EVERYONE.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: MarkH</title>
		<link>http://firedoglake.com/2009/07/31/bank-bailout-when-a-bonus-exceeds-earnings-how-is-it-not-fraud/#comment-1946663</link>
		<dc:creator>MarkH</dc:creator>
		<pubDate>Sat, 01 Aug 2009 01:10:23 +0000</pubDate>
		<guid isPermaLink="false">http://firedoglake.com/2009/07/31/bank-bailout-when-a-bonus-exceeds-earnings-how-is-it-not-fraud/#comment-1946663</guid>
		<description>&lt;p&gt;Apparently they AREN’T serving their shareholders properly. They’re paying out a lot of dough to employees instead of distributing it to shareholders.&lt;/p&gt;
&lt;p&gt;Clearly shareholder rights need to be supported/protected in this matter.&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>Apparently they AREN’T serving their shareholders properly. They’re paying out a lot of dough to employees instead of distributing it to shareholders.</p>
<p>Clearly shareholder rights need to be supported/protected in this matter.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Lisa Derrick</title>
		<link>http://firedoglake.com/2009/07/31/bank-bailout-when-a-bonus-exceeds-earnings-how-is-it-not-fraud/#comment-1946656</link>
		<dc:creator>Lisa Derrick</dc:creator>
		<pubDate>Fri, 31 Jul 2009 23:33:38 +0000</pubDate>
		<guid isPermaLink="false">http://firedoglake.com/2009/07/31/bank-bailout-when-a-bonus-exceeds-earnings-how-is-it-not-fraud/#comment-1946656</guid>
		<description>&lt;p&gt;They do squeeze us don’t they!&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>They do squeeze us don’t they!</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Synoia</title>
		<link>http://firedoglake.com/2009/07/31/bank-bailout-when-a-bonus-exceeds-earnings-how-is-it-not-fraud/#comment-1946636</link>
		<dc:creator>Synoia</dc:creator>
		<pubDate>Fri, 31 Jul 2009 22:19:54 +0000</pubDate>
		<guid isPermaLink="false">http://firedoglake.com/2009/07/31/bank-bailout-when-a-bonus-exceeds-earnings-how-is-it-not-fraud/#comment-1946636</guid>
		<description>&lt;p&gt;I forget the case. It was when the Fed was sued over an employment related issue, and the ruling was in part that the Fed was not part of the Federal Government, so some Federal Government protections did not apply.&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>I forget the case. It was when the Fed was sued over an employment related issue, and the ruling was in part that the Fed was not part of the Federal Government, so some Federal Government protections did not apply.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: james</title>
		<link>http://firedoglake.com/2009/07/31/bank-bailout-when-a-bonus-exceeds-earnings-how-is-it-not-fraud/#comment-1946624</link>
		<dc:creator>james</dc:creator>
		<pubDate>Fri, 31 Jul 2009 21:50:16 +0000</pubDate>
		<guid isPermaLink="false">http://firedoglake.com/2009/07/31/bank-bailout-when-a-bonus-exceeds-earnings-how-is-it-not-fraud/#comment-1946624</guid>
		<description>&lt;p&gt;Are you referring to Lewis or other case law?&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>Are you referring to Lewis or other case law?</p>
]]></content:encoded>
	</item>
</channel>
</rss>

<!-- Dynamic page generated in 0.251 seconds. -->
<!-- Cached page generated by WP-Super-Cache on 2012-02-17 23:11:27 -->

