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Another Gov't Bailout
What the h _ _ _!?!?! Another bailout for Citigroup? Why do we keep rewarding bad management? Is the gov't going to come in and bailout of the charter captains sucking wind for charters? Well at least we voted for change and Obama stepped in to get us some clear weather yesterday. HA!
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I'm with you Alex and I have very mixed thoughts on all this. The only thing the bailouts is that, the people that work for them still have their jobs, which should help the economy from less unemployment in the long run.
However I do feel that anyone that gets "bailed out" should have to play by different rules...i.e....the ceos that made the choices that got the company in this fix should be replaced and any bonuses they were to get, be denied. Then all the rest of the CEOs take a income drop till the company gets back on its feet... simple...
That alone should make companies think twice before asking for government help. I feel that companies tend to "low end fat" and not look at the "higher end fat" that needs to be trimmed...
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