May 19, 2011
I’m writing because my family and I were affected by the economic collapse of 2008, and we don’t want it to happen again.
Wall Street greed and outrageous pay practices were a major cause of the collapse. One way to change the incentives so they don’t collapse our economy again would be to go bqck to square one....No bonuses, no stock options, A salary is given to a CEO. The bank can offer him a salary, just like us. If he does a good job, he gets a raise, just like us. He can buy stock in the company if he wants, just like us. If he does a bad job, he is fired or doesn't get a raise, just like us...JUST LIKE US..If not , it will h appy again. Of course we can always nationalize these firms..
Thank you for considering my comment,
sandra beerends