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  • longpickuptruck longpickuptruck Jan 14, 2010 1:57 PM Flag

    Obama tax

    I think part of the thinking for the new taxes to be placed on bank is coming from the obscene bonuses many bankers are receiving.
    Think about it. Bonuses are a big part of business as it should be, but they are supposed to be tied to positive performance. If I understand the world of corporations, the companies are really owned by the common share holders. If this is so, then all of the big bonus money paid to non-performing officials, approved by the boards, is actually stealing money that belongs to the common share holder.
    I think many board members do not know this. I recently heard reported on FOX this comment by one board member: "Screw the common share holder". This makes me wonder.

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