# Yet Another Frivilous Fed Oversight Investigation **URL:** \ **Category:** NYSpeed Off Topic\ **Created:** [March 7, 2008, 8:42am UTC](https://forums.speedlife.net/t/yet-another-frivilous-fed-oversight-investigation/44597 "2008-03-07T08:42:55Z")\ **Posts on this page:** 12\ **Page:** 1
**Author:** ![Nikuk](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/nikuk/32/7254_2.png) [@Nikuk](https://forums.speedlife.net/u/Nikuk)\ **Post date:** [March 7, 2008, 8:42am UTC](https://forums.speedlife.net/t/yet-another-frivilous-fed-oversight-investigation/44597/1 "2008-03-07T08:42:55Z")
If I went to my boss, and asked for a 250% raise, and my boss says yes… should I be blamed for maiking too much money? [http://www.marketwatch.com/news/story/lawmakers-grill-financial-ceos-over/story.aspx?guid={48D7BD89-4E8F-4645-A241-716A6F70A95E}&dist=hplatest](http://www.marketwatch.com/news/story/lawmakers-grill-financial-ceos-over/story.aspx?guid=%7B48D7BD89-4E8F-4645-A241-716A6F70A95E%7D&dist=hplatest) > Countrywide Financial Corp., CEO Angelo Mozilo, former Merrill Lynch & Co., CEO Stanley O’Neal and former Citigroup Inc., and CEO Charles Prince are facing scrutiny of their compensation in the House Committee on Oversight and Government Reform. > > “The financial benefits realized by the CEOs as the subprime mortgage crisis unfolded do not appear to have been aligned with the interests of the shareholders,” the report read. > Of course they were being well paid, they were turning out incredible return for the shareholders… and apparently single handedlydriving the entire US economy. :roll2: ---
**Author:** ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)\ **Post date:** [March 7, 2008, 9:06am UTC](https://forums.speedlife.net/t/yet-another-frivilous-fed-oversight-investigation/44597/2 "2008-03-07T09:06:18Z")
What if you had pull in appointing your boss? ---
**Author:** ![Locutus](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/locutus/32/7574_2.png) [@Locutus](https://forums.speedlife.net/u/Locutus)\ **Post date:** [March 7, 2008, 9:11am UTC](https://forums.speedlife.net/t/yet-another-frivilous-fed-oversight-investigation/44597/3 "2008-03-07T09:11:06Z")
lol. it scares me that people dont know what these types of people make… ---
**Author:** ![Blue\_Eyed\_Devil](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/blue_eyed_devil/32/7292_2.png) [@Blue\_Eyed\_Devil](https://forums.speedlife.net/u/Blue_Eyed_Devil)\ **Post date:** [March 7, 2008, 9:43am UTC](https://forums.speedlife.net/t/yet-another-frivilous-fed-oversight-investigation/44597/4 "2008-03-07T09:43:15Z")
This brings back memories of when Bill Clinton wanted to limit what CEOs could make. Keep in mind that he didn’t want to limit his friends in Hollywood, etc. Maybe the Buffalo Bills players should give money back because they had a bad year too.:gotme: ---
**Author:** ![RuBiCaNT](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/rubicant/32/7622_2.png) [@RuBiCaNT](https://forums.speedlife.net/u/RuBiCaNT)\ **Post date:** [March 7, 2008, 9:45am UTC](https://forums.speedlife.net/t/yet-another-frivilous-fed-oversight-investigation/44597/5 "2008-03-07T09:45:50Z")
As ridiculous as this is, the fed going after Clemens and Bonds is just as bad from a money wasting standpoint. How about fixing what really ails the US rather than going after baseball players. Morons. ---
**Author:** ![Nikuk](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/nikuk/32/7254_2.png) [@Nikuk](https://forums.speedlife.net/u/Nikuk)\ **Post date:** [March 7, 2008, 9:45am UTC](https://forums.speedlife.net/t/yet-another-frivilous-fed-oversight-investigation/44597/6 "2008-03-07T09:45:54Z")
> [@Joe](#): > > What if you had pull in appointing your boss? Im pretty sure a board of directors is made up of more then one person. ---
**Author:** ![Nikuk](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/nikuk/32/7254_2.png) [@Nikuk](https://forums.speedlife.net/u/Nikuk)\ **Post date:** [March 7, 2008, 9:46am UTC](https://forums.speedlife.net/t/yet-another-frivilous-fed-oversight-investigation/44597/7 "2008-03-07T09:46:34Z")
> [@Locutus](#): > > lol. it scares me that people dont know what these types of people make… stock options FTW ---
**Author:** ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)\ **Post date:** [March 7, 2008, 9:52am UTC](https://forums.speedlife.net/t/yet-another-frivilous-fed-oversight-investigation/44597/8 "2008-03-07T09:52:03Z")
> [@Nikuk](#): > > Im pretty sure a board of directors is made up of more then one person. The executive team makes recommendations to the shareholders on who to nominate to the board of directors. Any shares held by mutual funds, proxy voted, or shareholders who dont care end up supporting their recommendations. If a board candidate goes against the executive team, they don’t get elected. ---
**Author:** ![nelstoys](https://avatars.discourse-cdn.com/v4/letter/n/48db29/32.png) [@nelstoys](https://forums.speedlife.net/u/nelstoys)\ **Post date:** [March 7, 2008, 10:01am UTC](https://forums.speedlife.net/t/yet-another-frivilous-fed-oversight-investigation/44597/9 "2008-03-07T10:01:07Z")
Man if someone came up to me and asked for a raise, or to be put on a different tier, id tell them to do the work I give them and after they prove there lazy asses to me ill give them a raise. Seems every other place pays out the azz for nothing. ---
**Author:** ![JayS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jays/32/15375_2.png) [@JayS](https://forums.speedlife.net/u/JayS)\ **Post date:** [March 7, 2008, 10:05am UTC](https://forums.speedlife.net/t/yet-another-frivilous-fed-oversight-investigation/44597/10 "2008-03-07T10:05:36Z")
:lol: @ the government thinking they can tell businesses how best to do business. How many bazillion is the government in debt again? ---
**Author:** ![Nikuk](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/nikuk/32/7254_2.png) [@Nikuk](https://forums.speedlife.net/u/Nikuk)\ **Post date:** [March 7, 2008, 10:06am UTC](https://forums.speedlife.net/t/yet-another-frivilous-fed-oversight-investigation/44597/11 "2008-03-07T10:06:32Z")
> [@nelstoys](#): > > Man if someone came up to me and asked for a raise, or to be put on a different tier, id tell them to do the work I give them and after they prove there lazy asses to me ill give them a raise. > Seems every other place pays out the azz for nothing. They were returning record profits. :gotme: ---
**Author:** ![nelstoys](https://avatars.discourse-cdn.com/v4/letter/n/48db29/32.png) [@nelstoys](https://forums.speedlife.net/u/nelstoys)\ **Post date:** [March 7, 2008, 10:20am UTC](https://forums.speedlife.net/t/yet-another-frivilous-fed-oversight-investigation/44597/12 "2008-03-07T10:20:52Z")
Hmm