napi21
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Wed Feb-11-09 01:51 PM
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What's the deal here? Every banker at the hearing said they got NO BONUS!!!! |
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Who the hell got those billions in bonuses that we've been talking about?
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bdamomma
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Wed Feb-11-09 01:52 PM
Response to Original message |
1. did their noses get longer when they said that!! |
stewert
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Wed Feb-11-09 01:54 PM
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2. Because They Didn't.......... |
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They got what they call retention awards, it's the same thing as a bonus, they just put a different name on it. They get the big bonus checks, then they claim it's a retention award.
Think Progress has a report on it.
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louis-t
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Wed Feb-11-09 02:12 PM
Response to Reply #2 |
6. They learned that from bush. |
samdogmom
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Wed Feb-11-09 01:55 PM
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3. My guess...it wasn't called a "bonus" it was called some sort of "compenstation". |
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We need to stay one step ahead of these weasel worms!
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patrice
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Wed Feb-11-09 02:03 PM
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4. My ex-corporate attorney spouse says there are ALL kinds of contracts for whatever |
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they decide to call the $$$$$, all with numerous options.
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patrice
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Wed Feb-11-09 02:04 PM
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5. BTW, what IS the definition of "is"? |
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What goes around comes around.
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nadinbrzezinski
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Wed Feb-11-09 02:14 PM
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7. Their staff, went to their top brokers, for example |
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that said, I don't believe them... but that is probably the explanation
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Ian David
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Wed Feb-11-09 02:32 PM
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8. They didn't get bonuses. They got "Performance-Based Salary Adjustments." n/t |
napi21
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Wed Feb-11-09 02:52 PM
Response to Reply #8 |
11. But the question to them was "How much was your salary in 2008 and how much was your bonus?" |
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Did they just lie? Any salary adjustment IS STILL SALARY!
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AndyA
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Wed Feb-11-09 02:38 PM
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9. Auxiliary Executive Pay |
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It's not a bonus.
I'll bet they didn't ask about compensation outside of their regular salary.
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lyonn
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Wed Feb-11-09 02:42 PM
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10. I 'spose it would be asking too much to see their contracts? |
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Most large contracts have a portion called "definitions". Those are always interesting. Amendments to contracts are informative too.
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Thu Apr 18th 2024, 03:20 AM
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