Comments on: None Dare Call It “Bonus”

By: Jkat

Jkat — Thu, 12 Feb 2009 01:30:36 +0000

bonus is a prosper
which comes with an onus
thought it may prosper be
don’t term it bonus ..

[with apologies to wm. blake ]

By: montymarket

montymarket — Wed, 11 Feb 2009 21:42:57 +0000

Not a bonus nor an award but Hush Money. Prevent disaffected employees from spilling the beans. Cover up the kickbacks , fraud, ceo steroid juicing.

By: MarkH

MarkH — Wed, 11 Feb 2009 21:40:09 +0000

The retention bonuses are obviously need to keep
highly valued employees from jumping ship.
To Lehman, Bear Stearns and Enron.

He he wickedly funny!
*snicker* *snicker*

By: NealDeesit

NealDeesit — Wed, 11 Feb 2009 20:08:34 +0000

William K. Black, Associate Professor of Economics and Law, University of Missouri - Kansas City, held senior regulatory positions during the S&L debacle and is the author of “The Best Way to Rob a Bank is to Own One” (2005). Over at Huffington Post, he nails it, beginning thusly:

“We are being played for chumps. The Bush and Obama plans could only have been designed by failed bankers — for their principal beneficiaries are failed bankers.”

By: Skilly

Skilly — Wed, 11 Feb 2009 19:44:21 +0000

Congrats on your own by line.

By: wigwam

wigwam — Wed, 11 Feb 2009 18:23:19 +0000

Yet another reason that nationalization is the only way. For more reasons, see here, here, and here.

By: Teddy Partridge

Teddy Partridge — Wed, 11 Feb 2009 18:08:37 +0000

The financial sector is riddled with companies laying people off. Many months, they’ve been at the top of sectors with job losses. Why pay retention bonuses in that environment? Where are people going to go, exactly? No one is hiring.

It’s a scam.

By: dosido

dosido — Wed, 11 Feb 2009 17:54:17 +0000

“Banksters”

good one.

“consequences” are what we need.

By: Christy Hardin Smith

Christy Hardin Smith — Wed, 11 Feb 2009 17:49:40 +0000

Fresh posty goodness up for anyone who wants it…

By: AreBe

AreBe — Wed, 11 Feb 2009 17:32:56 +0000

Beyond the notion of why you would want to retain the same morons of the universe that brought us so low, is one of whether and where they would go if not given $$$ to be retained. This should be a case where the greedheads should be given significant pay cuts and told to walk if they do not agree. I just can’t believe that there is a hungry market out there for their skill sets at the moment. Who will hire them? Lehmann Bros.? E.F. Hutton? Bear Stearns? JP Morgan? Or maybe one of the many banks that no longer exist. . . Let ‘em walk.