Were bank stress tests tough enough? ...

Were bank stress tests tough enough? Experts weigh in

There are 2 comments on the Chicago Tribune story from Jun 10, 2009, titled Were bank stress tests tough enough? Experts weigh in. In it, Chicago Tribune reports that:

The U.S. government might have given 10 big banks permission to repay their bailout money, but numerous questions remain.

Join the discussion below, or Read more at Chicago Tribune.

Tiny Tim

AOL

#1 Jun 11, 2009
Who is kidding who? The primary motivation for the banks paying the Tarp money back is so that their management and CEO's can give themselves larger salaries and bonuses. Shareholders lack the ability to function as a cohesive and effective unit to rein in the extravagant salaries and perks that upper management and Bank Boards of Directors award themselves. Let's call it like it is, Sherlock.
2012Cant Wait

Chesterfield, MO

#2 Jun 11, 2009
Tiny Tim wrote:
Who is kidding who? The primary motivation for the banks paying the Tarp money back is so that their management and CEO's can give themselves larger salaries and bonuses. Shareholders lack the ability to function as a cohesive and effective unit to rein in the extravagant salaries and perks that upper management and Bank Boards of Directors award themselves. Let's call it like it is, Sherlock.
The primary motivation for returning the funds is that the idiot in chief and his tax cheat deputy have no clue about what they are doing. The uncertainty surrounding a community activist strong arming banks to make questionable loans (Hartmarx) accept bankruptcy terms that breach their fiduciary responsibility (Chrysler and GM) even making hiring and firing decisions (AIG, Citi, BofA).

If you as a shareholder don't like how your company is being managed, move your money someplace else. Otherwise offer to do the same job for a lot less money. We don't need a facist like Obama setting salaries.

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