Comments on: More TARP recipients want out http://blog.hsh.com/index.php/2009/03/more-tarp-recipients-want-out/ Things you should know about consumer news and finance. Thu, 09 Feb 2012 13:21:21 -0800 http://wordpress.org/?v=2.8.5 hourly 1 By: Blog Traffic http://blog.hsh.com/index.php/2009/03/more-tarp-recipients-want-out/comment-page-1/#comment-5001 Blog Traffic Sat, 28 Mar 2009 20:31:06 +0000 http://blog.hsh.com/?p=3241#comment-5001 The public has every right to be upset at retention bonuses that are 4 million dollars and up. Are these merit bonuses?? I don't think so, unless you assert creating monumental losses is meritorious. It seems that executives are making the claim (often self-erving) that the retention bonuses serve to retain knowledgeable people WHO CAN CLEAN UP THE MESS. The public is outraged because of the distinct possiblity that the "clean up crew" is substantially the same as the "wrecking crew". And firms like AIG have done a very poor job of delineating that that identity is not the case. Just my 2 cents worth. Robert A. Kearse The public has every right to be upset at retention bonuses that are 4 million dollars and up.

Are these merit bonuses??

I don’t think so, unless you assert creating monumental losses is meritorious.

It seems that executives are making the claim (often self-erving) that the retention bonuses serve to retain knowledgeable people WHO CAN CLEAN UP THE MESS.

The public is outraged because of the distinct possiblity that the “clean up crew” is substantially the same as the “wrecking crew”.

And firms like AIG have done a very poor job of delineating that that identity is not the case.

Just my 2 cents worth.

Robert A. Kearse

]]>