oec2000 Posted February 10, 2009 Share Posted February 10, 2009 http://www.nytimes.com/2009/02/08/fashion/08halfmill.html?em Doesn't your heart bleed for the bank executives who just had their compensation capped at $500K? I feel sorry for them - as sorry as they must surely feel for their shareholders and employees whom they've let down. (Any emoticon to denote sarcasm?) Link to comment Share on other sites More sharing options...
Carvel46 Posted February 10, 2009 Share Posted February 10, 2009 Author on NPR discussing all the hate mail he's receiving... and also takes calls. http://www.npr.org/templates/story/story.php?storyId=100445054 Link to comment Share on other sites More sharing options...
Crip1 Posted February 11, 2009 Share Posted February 11, 2009 My favorite paragraph from the NYT story is: Few are playing sad cellos over the fate of such folk, especially since the collapse of the institutions they run has yielded untold financial pain. But in New York, where a new study from the Center for an Urban Future, a nonprofit research group in Manhattan, estimates it takes $123,322 to enjoy the same middle-class life as someone earning $50,000 in Houston, extricating oneself from steep bills can be difficult. So, the $500K President Obama wants to pay these folks then translates into a little over $200K/year in Houston. Well, I live in Dallas which is like a less humid Houston with too many northerners (myself being a northener as well) and one can live pretty damned well on $200K/year. VERY damned well. -Crip Link to comment Share on other sites More sharing options...
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