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If you were the best at what you do, your company wouldn't need bailout money. The bailout money was given to ease the credit crunch that was going on. Banks did not start lending more money and instead gave it to their own employees as bonuses. That's BS.
However, it's also BS to cap salaries, especially for companies that didn't need bailout money. If you're going to ask for a handout, you better be prepared to answer how that money is going to be used. The auto companies had to do that and for them, it was a loan. The banks were just handed money with no request for plans of any kind.
Last edited by AGDee; 02-06-2009 at 12:17 AM.
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