Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Why don't they just pay these bonuses in "toxic assets"? It keeps

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread		 This topic is archived.
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
 
BR_Parkway Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-19-09 02:52 PM
Original message
Why don't they just pay these bonuses in "toxic assets"? It keeps
the contractual obligation they're yapping about and moves the bad stuff off the books. It seems like these folks sure thought these assets were worth what they paid for them when they bought them, and it was their job to think of those things - why not "reward" them with things that they thought were valuable.

How could they possibly bitch about it now with any shred of credibility? Any there are probably some components in them that are worth something.
Printer Friendly | Permalink |  | Top
JDPriestly Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-19-09 02:53 PM
Response to Original message
1. Brilliant solution!
Printer Friendly | Permalink |  | Top
 
EFerrari Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-19-09 02:53 PM
Response to Original message
2. Whoever you work for is a very lucky person.
:applause:
Printer Friendly | Permalink |  | Top
 
BR_Parkway Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-19-09 02:56 PM
Response to Reply #2
3. Self employed actually, but thank you
Printer Friendly | Permalink |  | Top
 
beac Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-19-09 03:01 PM
Response to Original message
4. I think I like this idea even more than taxing the bonuses at 100%!
Make them eat the sh!t sandwich they prepared. Perfect.
Printer Friendly | Permalink |  | Top
 
spanone Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-19-09 03:02 PM
Response to Original message
5. reward them with stock in their own companies
Printer Friendly | Permalink |  | Top
 
nc4bo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-19-09 03:08 PM
Response to Original message
6. Sounds like a perfect solution.
I like it alot. If that line is good enough for the taxpayers than it should be good enough for the bonus recipients!

Those assets might be worth a lot of $$ one day.....maybe.

Woot!
Printer Friendly | Permalink |  | Top
 
sixmile Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-19-09 03:11 PM
Response to Original message
7. Kicked for thinking outside the box
"toxic' assets are still assets
Printer Friendly | Permalink |  | Top
 
Carni Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-19-09 03:14 PM
Response to Original message
8. Great idea!
Edited on Thu Mar-19-09 03:15 PM by Carni
They can maintain some of these foreclosed properties and have the taxes shifted into their personal names.
Printer Friendly | Permalink |  | Top
 
bobburgster Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-19-09 03:34 PM
Response to Original message
9. Exactly what they deserve...
Hope you pass that idea along.
Printer Friendly | Permalink |  | Top
 
bunny planet Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-19-09 03:35 PM
Response to Original message
10. That is a great idea. Make them figure out how much they are worth once they're
stuck with them.
Printer Friendly | Permalink |  | Top
 
Festivito Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-19-09 03:39 PM
Response to Original message
11. Transfer them to a new company funded by their assets.
Edited on Thu Mar-19-09 03:40 PM by Festivito
Name it: Banker's Assets and Trust.
The bonus lovers are transferred to the new company and the company takes over billions in the assets they created.

Then they can argue they were hosed. And,.... that they deserve real money to the judge: :rofl:
... and the jury:
:rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl:
Printer Friendly | Permalink |  | Top
 
BR_Parkway Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-19-09 03:46 PM
Response to Reply #11
14. hehe, be a hard time finding 12 in a jury box who aren't bankers that
wouldn't vote that they've gotten everything they deserve at this point I would imagine
Printer Friendly | Permalink |  | Top
 
keepthemhonest Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-19-09 03:43 PM
Response to Original message
12. what a fantastic idea! nt
Printer Friendly | Permalink |  | Top
 
SoCalDem Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-19-09 03:44 PM
Response to Original message
13. John Smith of AIG's bonus.. $1M worth of dilapidated houses in Detroit
Enjoy !
Printer Friendly | Permalink |  | Top
 
The_Commonist Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-19-09 03:55 PM
Response to Original message
15. Awesome!
Get this idea to the appropriate people immediately!
Printer Friendly | Permalink |  | Top
 
REACTIVATED IN CT Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-19-09 04:14 PM
Response to Original message
16. Great idea !
Printer Friendly | Permalink |  | Top
 
Gin Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-19-09 04:17 PM
Response to Reply #16
17. Great idea...send this idea to Treasury!
Printer Friendly | Permalink |  | Top
 
BR_Parkway Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-20-09 07:29 AM
Response to Reply #17
18. It's too simple for them - besides, some of their friends might have
to take a bath versus We, the People

One can dream though
Printer Friendly | Permalink |  | Top
 
Horse with no Name Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-20-09 08:01 AM
Response to Original message
19. That is an AWESOME way to make those sleazebags
"dance with the one that brung ya".
They brought a beat down nag to the horse race, they don't deserve to leave with a champion thoroughbred.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Thu May 02nd 2024, 04:20 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators

Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC