re: #150 Fat Bastard Vegetarian

Re-post from earlier…

I don’t know what to think about these bank/tarp bonuses.

There are a lot of (not-guilty) people who work at these banks and the bonuses are part of their compensation packages. Not fat cat guys, but some schmo who makes 100K, but, his reward system can have him set up to make 50/150K in bonuses.

If the place isn’t being shut down, the failure to pay the bonuses (based on the employees package) could bankrupt individual employees.

Someone smarter than me who can help me understand?

I can’t help you. I get a little bonus IF we make ENOUGH money. Not 50%-100% of base pay. And the company MOVES the targets UP if my bonus starts looking too lucrative.

I can’t imagine a situation where a bonus can be earned while losing BILLIONS.

I mean, somebody made bad decisions, right?

Or is it all Booooosh’s fault?