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| Political Threads This section is for Political Threads - Enter at your own risk. If you say you don't want to see what someone posts - don't read it :hihi: |
10-02-2009, 02:17 PM
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#1
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Registered User
Join Date: Jul 2004
Posts: 10,300
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What would be an appropriate salary?
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10-02-2009, 04:48 PM
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#2
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Registered User
Join Date: Nov 2003
Location: RI
Posts: 21,466
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Considering a lot of top CEO's make 50M+ a year, a pawltry 2.3M a year for a top executive isn't that crazy.
There's a line between competitive compensation and over compensation.
-spence
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10-03-2009, 08:46 AM
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#3
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Registered User
Join Date: May 2003
Location: Easton, MA
Posts: 5,737
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Quote:
Originally Posted by spence
Considering a lot of top CEO's make 50M+ a year, a pawltry 2.3M a year for a top executive isn't that crazy.
There's a line between competitive compensation and over compensation.
-spence
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How many CEO's working for government controlled businesses make that much? |
Conservatism is not about leaving people behind. Conservatism is about empowering people to catch up, to give them tools at their disposal that make it possible for them to access all the hope, all the promise, all the opportunity that America offers. - Marco Rubio
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10-03-2009, 08:59 AM
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#4
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Registered User
Join Date: Sep 2006
Location: Mansfield
Posts: 4,834
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Quote:
Originally Posted by fishbones
How many CEO's working for government controlled businesses make that much?
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Not as many now as we will have in three more years  |
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10-03-2009, 09:05 AM
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#5
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Registered User
Join Date: Nov 2003
Location: RI
Posts: 21,466
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Quote:
Originally Posted by fishbones
How many CEO's working for government controlled businesses make that much?
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I believe both Freddie Mac and Fannie Mae are still public companies, just that the FHFA is acting as conservator. That being the case, they are not really government entities and are in a somewhat unique position.
-spence |
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10-03-2009, 10:19 AM
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#6
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Registered User
Join Date: May 2003
Location: Easton, MA
Posts: 5,737
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Quote:
Originally Posted by spence
I believe both Freddie Mac and Fannie Mae are still public companies, just that the FHFA is acting as conservator. That being the case, they are not really government entities and are in a somewhat unique position.
-spence
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Unique position in that they can still claim to be private companies, but they have the government to print money for them to stay afloat.
Spence, do yourself a favor and read Jimmy's initial post so you won't look so ill-informed when you start responding with your lib talking points.
Just because you have a thing for Barney Frank doesn't mean you have to defend him to the end. |
Conservatism is not about leaving people behind. Conservatism is about empowering people to catch up, to give them tools at their disposal that make it possible for them to access all the hope, all the promise, all the opportunity that America offers. - Marco Rubio
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10-03-2009, 10:23 AM
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#7
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Registered User
Join Date: Nov 2003
Location: RI
Posts: 21,466
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Quote:
Originally Posted by fishbones
Spence, do yourself a favor and read Jimmy's initial post so you won't look so ill-informed when you start responding with your lib talking points.
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Please, I read his post and agree with the FHFA.
Did you read it? Because you don't seem to understand what it said.
I think RIJIMMY is just perturbed that the government under Obama's leadership didn't offer up a fat minimum wage package as part of their socialistic agenda. He has nothing to bitch about so he has to make something up.
-spence
Last edited by spence; 10-03-2009 at 10:28 AM..
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10-03-2009, 10:37 AM
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#8
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Registered User
Join Date: May 2003
Location: Easton, MA
Posts: 5,737
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Quote:
Originally Posted by spence
Please, I read his post and agree with the FHFA.
Did you read it? Because you don't seem to understand what it said.
I think RIJIMMY is just perturbed that the government under Obama's leadership didn't offer up a fat minimum wage package as part of their socialistic agenda. He has nothing to bitch about so he has to make something up.
-spence
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No, Spence you don't get it. They are spending tax payer money to the tune of over $51 billion to keep this company going. Obviously, there is something wrong when the goverment has to spend that kind of money on a company that has been that poorly managed. Then to top it off, paying the CEO over $2 million in salary? Why not pay the CEO $1 and give big performance based incentives? Other CEO's in comparable financial services businesses have taken huge pay cuts and some have even stopped taking a salary. I don't see anything wrong with for pay for performance in a situation like this. |
Conservatism is not about leaving people behind. Conservatism is about empowering people to catch up, to give them tools at their disposal that make it possible for them to access all the hope, all the promise, all the opportunity that America offers. - Marco Rubio
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