Hard Light Productions Forums
Off-Topic Discussion => General Discussion => Topic started by: Kosh on March 29, 2008, 01:28:36 am
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Bear Stearns went bankrupt, right? So why is it that the idiot CEO that ran the company into the ground gets a $60 million dollar "golden parachute" and everyone else gets ****ed? I guess "responsibility" doesn't apply to the financial sector or the CEO's in the US. :hopping:
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because, my dear friend, that's what the business world is all about :)
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Stupid snobs ****ing up people for their own money?
Yeah, that sounds about right.
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All that this is going to do is encourage even more bad lending and white elephant spending. After all, if the Fed is just going to come in and clean up the mess with taxpayer dollars, why bother with fiscal prudence?