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Name: McNasty

Comment: ' Top executives at troubled financial institutions, on the other hand, are in the losing column because the proposal would limit their compensation and rules out "golden parachutes." Limit? How about eliminate - they are the ones that shuffled the paperwork that landed the financial world in this mess in the first place. Their salaries and their pensions/401ks are the only thing they should get - and there should be limits on that!

Name: HarrisThomas

Comment: the closed, old-boy network takes care of its own by privatizing profit and socializing debt: they provide distractions to Everyman and stay financially fat while skimming the cream off the top . . . . . Everyman continues to be the fall guy

Name: realuvbaby

Comment: This, I hope, signals the end of REAGANOMICS because we see the only thing that trickled down, was the debt of corporate America, right on to the backs of the average American and we lose again. The Dems want to push this so that our new president won't inherit this mess and the Republicans are just looking out for their boys cuz they are out after January. Two things astonish me after all this time: how the Republicans are always yakking about the end of big government, yet this government is about to write the biggest check in the history of the world; and how ironic it is now that Iran is threatening us with nuclear weapons, and is now a mortal enemy after Reagan and Bush negotiated a deal with Iran to keep the hostages in till they were elected because Bush and Reagan would give them a better deal than Jimmy Carter would. These Republicans want to conserve and preserve themselves. This bailout is Exhibit A.

Name: dcdouglass01

Comment: "the closed, old-boy network takes care of its own by privatizing profit and socializing debt..." Yes, and they've got one of their own up on Capitol Hill dropping on one knee begging Pelosi to help his boys out. I say let the house of cards fall. It'll be tough for a minute, but it would accelerate a return to community banking, i.e., smaller banks that actually have a stake in the community prospering and aren't interested in the short-term profit/greed mindset that drives the international banks.

Name: oldschoolbrother

Comment: Washington Mutual Inc.'s new CEO, Alan Fishman, will be eligible for at least $12.65 million or more in salary and bonuses next year, the company said Thursday in a securities filing. Fishman, who replaced Kerry Killinger as CEO on Monday, also received a $7.5 million signing bonus for joining the company, according to a regulatory filing made with the Securities and Exchange Commission. Under his employment agreement, Fishman will receive a base salary of $1 million, a target bonus of up to $3.65 million and a long-term incentive award starting in 2009 of at least $8 million. In addition, he is eligible for stock awards that include 612,000 restricted shares, which will vest over three years. He could also receive options to buy 5 million additional shares, with some of the shares vesting over time and some vesting linked to the shares' performance. Under his employment agreement, Fishman, 62, could also be eligible for a lump-sum payment of $10.5 million, plus immediate vesting of 1.5 million stock options, if he is terminated without cause. Washington Mutual removed Killinger, who had been with the thrift for 25 years, as losses mounted from failed mortgages. Fishman is the former president and chief operating officer of Sovereign Bank and president and CEO of Independence Community Bank. WAMU holds thousands of mortgages and foreclosed on many minority families who could pay their mortgages but not at inflated rates. No patience for them but they can sign into agreement and pay a man this type of money for three weeks of work. Only in Amerikkka. The real criminals walk in the front door with a blackberry and a pen.

Name: HarrisThomas

Comment: well, if you didn't like the bailout, rejoice: the vote for the bailout failed and the stock market is crashing

Name: HarrisThomas

Comment: draft of failed bailout bill: http://i.cdn.turner.com/cnn/2008/images/09/28/ayo08c04 _xml.pdf

Name: HarrisThomas

Comment: Obama says 'stay calm;' McCain camp slams Democrats: http://www.cnn.com/2008/POLITICS/09/29/campaign.wrap/i ndex.html

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