Instead of a "pay czar" why don't we just allow the companies to pay the bailout money back

[RB TexLa]

as they have asked to do? The smaller banks are allowed to repay the government but the big ones aren't?

[sandnsea]

1. Because if even one large bank isn't ready

Then they will still go bankrupt if all the other banks pay back and they don't. The only way to keep the economy going is to make ALL the banks pay for their irresponsibility because they ALL were involved in this fiasco.

[Ruby the Liberal]

2. I got the impression that this is unrelated to TARP

more of an international industry regulation to tie pay to long term goals.

[RB TexLa]

3. No it's TARP. The smaller banks that were allowed to repay government money

have no restrictions and can pay what they want to pay.

[Ruby the Liberal]

11. We may be on 2 different stories

I was referring to President Obama's G20 remarks. Is there an unrelated pay-czar story?

Should have asked that before commenting. My apologies.

[Name removed]

4. Deleted message

Message removed by moderator. Click here to review the message board rules.

[RB TexLa]

6. I stated the companies want to pay the money back. JPM and Wells are still trying to

negotiate a buyback of the warrants from the treasury.



And no I am not ignorant, but if it makes you feel better to call strangers over the internet ignorant, then good for you.

[DJ13]

5. The big banks are no healthier than they were last year

They seem healthier because the government changed the accounting rules so they can keep the worthless derivatives off their books.

The executives at the big banks arent concerned about the health of their companies, they're concerned they cant make their old bonuses with the government continuing to have a say in their day to day operations.

[napi21]

8. BINGO! The gov't won't let them pay the money back

because they STILL aren't financially healthy! The banks want to pay the $$ back so they can get out from under the restrictions placed on them while they owe the $$ and those guys don't like being controled at all.

[RB TexLa]

9. as opposed to people who do like being controlled?

who are the people who like being controlled?

[napi21]

10. I'm not talking about controling people as much as restricting their business transactions.

They want to keep freewheeling like they have been. Fortunately, I think those days are almost over for those greedy Btd's. Pay back the $$ or not, they're going to have restrictions imposed on their actions. I like some of what I've heard so far.

[sam sarrha]

7. lets drop the Czar bullshit and call them what they are, administrators secretaries managers

i am sick of the GOP's Bullshit.. lets not play their games