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honker88
06-11-2009, 10:53 AM
Get a load of this crap...
http://finance.yahoo.com/news/Administration-Rein-in-pay-apf-15500519.html?.v=6

This question is for those who think this is either okay or a good thing. Where in The Constitution does it give the Govt. the power to do this crap? Wait, I forgot, The Constitution is a "Living Document" and doesn't mean anything, right?

Here's a link to The Constitution of the United States to make it easier for you to find.
http://frwebgate.access.gpo.gov/cgi-bin/getdoc.cgi?dbname=105_cong_documents&docid=f:sd011.105

Gerry Clinchy
06-11-2009, 01:26 PM
Rep. Brad Sherman, a Democrat, said that instead of giving shareholders a nonbinding voice on pay, their votes should be binding on boards of directors.

It kind of amazes me that large shareholders in poor-performing corporations don't organize some kind of shareholder revolt to accomplish exactly this kind of thing ... they have the opportunity to do so through their votes for the board of directors.

honker88
06-11-2009, 01:36 PM
You're exactly right. They do not need to have the Govt. impose that on them. The Govt. doesn't have the power to do so, nor should it.

duckheads
06-11-2009, 02:13 PM
here is another one for you:http://finance.yahoo.com/news/CEO-says-US-pressured-bank-to-apf-15501472.html?sec=topStories&pos=main&asset=&ccode=. this administration is out of hand. can you imagine if bush was trying to pull this stuff. it is unbelievable the media is so liberal that he is getting a pass on this stuff!

Roger Perry
06-11-2009, 02:42 PM
here is another one for you:http://finance.yahoo.com/news/CEO-says-US-pressured-bank-to-apf-15501472.html?sec=topStories&pos=main&asset=&ccode=. this administration is out of hand. can you imagine if bush was trying to pull this stuff. it is unbelievable the media is so liberal that he is getting a pass on this stuff!

Weekend Merger Struck With Bank of America
By Binyamin Appelbaum and Zachary A. Goldfarb
Washington Post Staff Writers
Monday, September 15, 2008; Page A01

Bank of America (http://financial.washingtonpost.com/custom/wpost/html-qcn.asp?dispnav=business&mwpage=qcn&symb=BAC&nav=el) struck a $50 billion deal yesterday to buy Merrill Lynch (http://financial.washingtonpost.com/custom/wpost/html-qcn.asp?dispnav=business&mwpage=qcn&symb=MER&nav=el), a merger that will unite the nation's largest consumer bank with one of its most celebrated investment banking firms, according to sources familiar with the negotiations.



Duh, who do you think was president on September 15, 2008?

duckheads
06-11-2009, 03:47 PM
my bad!!!!!!!!!!