Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: rodguy911; All

As someone reported in this thread in the 150 to 200 comments, a lot of democrats have money and want to keep it so they might favor giving Wall Street free reign. I don’t know how these particular democrats lean, that is why I listed them plus the areas they represent.

I do know that Countrywide Financial’s CEO was paid $140,000,000 in 2007, but in 2008 had cut to around $100,000,000. Lehman Brothers CEO went from around $40M to above $70M in the same period. On the other hand Citibank’s CEO cut from many $millions down to $1M in 2008. But Goldman Sachs also went up from roughly the same figures as Lehman Brothers. Then again they had pull at the White House. So we see Countrywide and Lehman are gone, but Citi and GS survived. However, in 2008 when GS stockholders learned that the top 3 executives all were paid over $65million, they rebelled and over 40% voted for a stockholder’s advisory on executive compensation. The next year the CEO salary was down to a dainty $25M. Subsequently it became very hard to find that information.

Google “Forbes CEO Compensation” for years that interest you. Up to about 2010 it was easy to do research there. Companies could be compared within categories like Drugs and Medical, Energy, Money and Banking. Then that feature was done away with and companies were listed from 500th down to first, with only a few names per page. I guess someone didn’t want us peons to be able to see what was going on with ease.

Bottom line, I think too big to fail should be broken up like the oil companies were a hundred years ago. Regular banks and financial services companies should be separate, and commissions should not be structured so that the salesman and his bosses run off with their money with no penalty for structuring and selling instruments that are bogus and known to be dishonest.


207 posted on 01/13/2015 1:01:42 AM PST by gleeaikin
[ Post Reply | Private Reply | To 201 | View Replies ]


To: gleeaikin

From what I have read the banks, especially citi-group are so tied to the nwo they will never be broken up or allowed to fail.


209 posted on 01/13/2015 4:08:45 AM PST by rodguy911 (FreeRepu ground speedplic:Land of the Free because of the Brave--Sarah Palin our secret weapon)
[ Post Reply | Private Reply | To 207 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson