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Is one of the conditions of these federal bank rescues cutting the executive salaries down to size? (Original Post) lees1975 Mar 2023 OP
That's what SHOULD happen. raccoon Mar 2023 #1
I doubt it. Autumn Mar 2023 #2
I want to know why shareholders don't scream every day over this? Lettuce Be Mar 2023 #3
The SVB executives have been fired, and all employees will be laid off. Fiendish Thingy Mar 2023 #4
All of these overpaid thieves have golden parachute contracts. lees1975 Mar 2023 #5
It is amazing that incompetent individuals, who take actions that look like bank fraud, Just A Box Of Rain Mar 2023 #7
Wall Street is rescuing them...why post this? Demsrule86 Mar 2023 #6
The greedy share-holders like to throw money at the ceo's thinking it will trickle down. lindysalsagal Mar 2023 #8
What federal bank rescues? FBaggins Mar 2023 #9

Lettuce Be

(2,336 posts)
3. I want to know why shareholders don't scream every day over this?
Fri Mar 17, 2023, 11:29 AM
Mar 2023

There's no reason to pay these higher-ups these insane salaries. No reason at all. Once heard an argument that they couldn't get qualified people if they offered less? Oh, yes you could.

Fiendish Thingy

(15,575 posts)
4. The SVB executives have been fired, and all employees will be laid off.
Fri Mar 17, 2023, 11:45 AM
Mar 2023

So, I guess there’s a cost savings there. SVB no longer exists, but it’s assets may be bought by other banks.

lees1975

(3,845 posts)
5. All of these overpaid thieves have golden parachute contracts.
Fri Mar 17, 2023, 12:27 PM
Mar 2023

And they will find a way to grab off what they think they are entitled to have.

That's the same America in which Trump can still run for office and think he has a chance and not be indicted for his crimes.

 

Just A Box Of Rain

(5,104 posts)
7. It is amazing that incompetent individuals, who take actions that look like bank fraud,
Fri Mar 17, 2023, 12:52 PM
Mar 2023

who divert trementious sums of money to family members, and who drive institutions into bankruptcy are allowed to walk away for the messes they created with "golden parachutes."

I guess lake-homes don't pay for themselves?

lindysalsagal

(20,666 posts)
8. The greedy share-holders like to throw money at the ceo's thinking it will trickle down.
Fri Mar 17, 2023, 12:59 PM
Mar 2023

Surprise!

Share-holders left holding the empty bag, but the ceo's already got their salaries. They aughtta make them return the payment.

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