{"id":672,"date":"2008-09-24T06:36:22","date_gmt":"2008-09-24T13:36:22","guid":{"rendered":"http:\/\/www.alephnaught.com\/Blog\/?p=672"},"modified":"2008-09-24T06:36:22","modified_gmt":"2008-09-24T13:36:22","slug":"do-you-trust-executives","status":"publish","type":"post","link":"https:\/\/www.alephnaught.com\/Blog\/2008\/09\/24\/do-you-trust-executives\/","title":{"rendered":"Do you trust executives?"},"content":{"rendered":"
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I’ve been thinking about executive salaries among other things.\u00c2\u00a0 A few years ago, I read an interesting article on the start of the Great Depression; the author noted that wealth had never been so concentrated in so few hands as it was just before the start.<\/p>\n

Today I read “In Bailout Furor, Wall Street Pay Becomes a Target<\/a>” in the New York Times. The reason I favor limiting pay for ALL executives in organizations bailed out by US taxpayers, is that I don’t trust them.\u00c2\u00a0 They took a huge load of unknown (well, now we know it was bad) risk to pad their back pockets.\u00c2\u00a0 What’s to stop them from taking taxpayer money and padding their pockets again?<\/p>\n

Let’s face it – FIs (Financial Institutions) are already researching ways to make a profit from the proposed bailout; do you trust the man behind that curtain?<\/p>\n<\/div>\n

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I’ve been thinking about executive salaries among other things.\u00c2\u00a0 A few years ago, I read an interesting article on the start of the Great Depression; the author noted that wealth had never been so concentrated in so few hands as it was just before the start. Today I read “In Bailout Furor, Wall Street Pay […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[8],"tags":[303,301,99],"class_list":["post-672","post","type-post","status-publish","format-standard","hentry","category-personal","tag-bailout","tag-finance","tag-new-york-times"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t