[OH4life]

The catch is, if they had of elected someone who hadn’t of bailed them out, they’d all be unemployed anyway right now. Nearly all of these places would have gone under. They were F’d no matter what happened.

[KansasGirl]

[The catch is, if they had of elected someone who hadn’t of bailed them out, they’d all be unemployed anyway right now.]

Actuallu the Fed Gov’t forced banks to take bailout cash WHETHER THEY NEEDED IT OR NOT! They forced healthy banks to take bailout cash.

[uncommonsense]

"The catch is, if they had of elected someone who hadn't of bailed them out, they'd all be unemployed anyway right now."

A couple of thoughts:

1) Some of the banks were forced to take the TARP so the others wouldn't look too weak competitively. Those employees are hosed for the greater good.

2) Some may have come on board to help clean things up and may have specialized IT / math skills. Their comp may have a higher variable component weighted toward attainment of personal goals so the company can maintain capital reserves. They won't be happy campers.

3) The cap is based on family AGI. So someone who's spouse makes a reasonable wage elsewhere will have their bonus confiscated, even if they make $50K.

[Arkinsaw]

The catch is, if they had of elected someone who hadn’t of bailed them out, they’d all be unemployed anyway right now. Nearly all of these places would have gone under. They were F’d no matter what happened.

But now they are F'd and so are we, and our great-grandchildren.