Democrats can say they are better than Republicans as much as they want, but what have they done to put some teeth into the bailout proposals? Some attempts and then surrender. How does AIG get away with an obscenely rich getaway for their execs just days after the bailout? Arent there some conditions made when a bailout is extended to a company? What are the Democratic members of the bailout proposal team doing? yes, the Democrats are better. But they haven't done much to prevent corporate larceny.
There should be laws where bonuses and salaries exceeding a certain amount should be subject to prorated vesting over time. If no law is feasible, shareholders should be allowed to vote on such conditions. It is ridiculous how CEOs make millions when things go good but in the worst case, do not lose any money when things go really bad. And in a lot of cases, they make a lot of money when things go bad.
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