....lybob Posted March 9, 2011 Share Posted March 9, 2011 Link to comment Share on other sites More sharing options...
KD in CA Posted March 9, 2011 Share Posted March 9, 2011 ...in the days of the free market when our country was a top industrial power, there was accountability to the stockholder. The Carnegies, the Mellons, the men that built this great industrial empire, made sure of it because it was their money at stake. Today, management has no stake in the company! Link to comment Share on other sites More sharing options...
Billy Basement Posted March 10, 2011 Share Posted March 10, 2011 youtube.com/watch?v=DY_S2yWEDNI&feature=feedu That dude's studio is even nicer than the one in my Mom's house. Link to comment Share on other sites More sharing options...
....lybob Posted March 10, 2011 Author Share Posted March 10, 2011 That dude's studio is even nicer than the one in my Mom's house. yeah your mom is waiting for you to move out before she fixes it up into a sex dungeon. Link to comment Share on other sites More sharing options...
Chef Jim Posted March 10, 2011 Share Posted March 10, 2011 yeah your mom is waiting for you to move out before she fixes it up into a sex dungeon. I'll be waiting for Booster to show up and call you a piece of ****, waste of skin, mother !@#$er for four pages for this post. Oh that's right, he saves those praises for me. Link to comment Share on other sites More sharing options...
truth on hold Posted March 10, 2011 Share Posted March 10, 2011 JP Morgan was no saint, let's not kid ourselves. But that was before the existing Federal Reserve system so at least he ran a private company. The problem I have with today's banks and their massive government support, is you have management teams that stay in power for years, reaping the fruits of this governmental support for themselves and their entrenched buddies. So let's call places like Goldman and BofA what they are: governmnent finance and trading companies. And have their upper levels of management subject to congressional approval and term limits. Spread the wealth the around. Right now you have a Lloyd Blankfein making tens of millions a year without term limit at his quasi-government job. Link to comment Share on other sites More sharing options...
Magox Posted March 10, 2011 Share Posted March 10, 2011 JP Morgan was no saint, let's not kid ourselves. But that was before the existing Federal Reserve system so at least he ran a private company. The problem I have with today's banks and their massive government support, is you have management teams that stay in power for years, reaping the fruits of this governmental support for themselves and their entrenched buddies. So let's call places like Goldman and BofA what they are: governmnent finance and trading companies. And have their upper levels of management subject to congressional approval and term limits. Spread the wealth the around. Right now you have a Lloyd Blankfein making tens of millions a year without term limit at his quasi-government job. WTF are you talking about, it's a corporation? This isn't subject to "term limits". Link to comment Share on other sites More sharing options...
truth on hold Posted March 10, 2011 Share Posted March 10, 2011 WTF are you talking about, it's a corporation? This isn't subject to "term limits". In name only, that's the point. Substantively they're quasi-government agencies. Link to comment Share on other sites More sharing options...
DC Tom Posted March 10, 2011 Share Posted March 10, 2011 In name only, that's the point. Substantively they're quasi-government agencies. Substantively, you're an idiot. Seriously, where do you get this nonsense? PrisonPlanet.com? Charlie Sheen's blog? Link to comment Share on other sites More sharing options...
ieatcrayonz Posted March 10, 2011 Share Posted March 10, 2011 JP Morgan was no saint, let's not kid ourselves. But that was before the existing Federal Reserve system so at least he ran a private company. The problem I have with today's banks and their massive government support, is you have management teams that stay in power for years, reaping the fruits of this governmental support for themselves and their entrenched buddies. So let's call places like Goldman and BofA what they are: governmnent finance and trading companies. And have their upper levels of management subject to congressional approval and term limits. Spread the wealth the around. Right now you have a Lloyd Blankfein making tens of millions a year without term limit at his quasi-government job. JP Morgan did use a lot of dirty jokes on Match Game but I don't see how that applies with all of that other crap. Link to comment Share on other sites More sharing options...
....lybob Posted March 10, 2011 Author Share Posted March 10, 2011 In name only, that's the point. Substantively they're quasi-government agencies. actually our government is a quasi-banking agency. Link to comment Share on other sites More sharing options...
Magox Posted March 10, 2011 Share Posted March 10, 2011 Substantively, you're an idiot. Seriously, where do you get this nonsense? PrisonPlanet.com? Charlie Sheen's blog? no silly, lybob's blog Duhhhhhhh! Link to comment Share on other sites More sharing options...
DC Tom Posted March 10, 2011 Share Posted March 10, 2011 no silly, lybob's blog Duhhhhhhh! To his credit, "our government is a quasi-banking agency" was rather astute and clever. Link to comment Share on other sites More sharing options...
truth on hold Posted March 10, 2011 Share Posted March 10, 2011 (edited) actually our government is a quasi-banking agency. lol, seems that way some times. But difference is one of those agencies your term is often limited and salary capped at a few hundred thousand. The other there's no limit on term or annual compensation which has exceeded $100 million in some cases. Edited March 10, 2011 by Joe_the_6_pack Link to comment Share on other sites More sharing options...
....lybob Posted March 10, 2011 Author Share Posted March 10, 2011 lol, seems that way some times. But difference is one of those agencies your term is often limited and salary capped at a few hundred thousand. The other there's no limit on term or annual compensation which has exceeded $100 million in some cases. Don't worry they save your money for later- you can work direct like Tony Blair or get paid by speech money funneled through institutes or maybe your wife will get a cushy job or they will hire all your children. Link to comment Share on other sites More sharing options...
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