Another bailout - I thought they said enough was enough...

[Bill in NC]

Good luck with #3 - that's what they're trying to do to the former heads of Fannie & Freddie.

Since those are in their contracts, however, they will sue and ultimately settle for their package minus a token sum.

BCam wrote:
Well, since I now own most of Wall Street, I propose the following:

1. Any Financial entity that enjoys my "investment" will agree that all executives (from Manager level on up) will keep their jobs, but will work for Minimum Wage until every dime I invest in their operations is repaid, plus interest.

2. If those executives leave their present positions, a Lean will be placed on them (based on Gross Income) until the above noted situation is resolved.

3. All "Golden Parachute" or Retirement/Release contracts with executives are immediately null and void.

4. No executive, or member of their families, may personally participate in any form of Wall Street money or market activity because it is obviously a conflict of interest situation vis-a-vis their relationship with their "investors", i.e. Me. Essentially this will prevent "insider trading".

5. Every executive will provide 20 hours per week of Community Services until every dime is repaid, plus interest. This will aid Wall Street understand the actual lifestyle of Main Street.

6. Every executive will sign a Pledge that they will do everything possible to eliminate the present business practice of Privatizing Profits while Socializing Debt. If they choose to not sign this Pledge, they will immediately forfeit all of their and their family's personal assets.

7. This time - it's personal. Those who have created this financial crisis will, for once, be responsible for their actions.