Reply to post: Re: But uncle Tim, I want to hear them pigs squeak!

So why the hell do we bail banks out?

Anonymous Coward
Anonymous Coward

Re: But uncle Tim, I want to hear them pigs squeak!

But it would only work if EVERY bank was forced into it, probably by regulation. Otherwise, a competitor would make an offer to an executive of unrestricted options and steal heads. Look, while the proles hate all the golden parachutes, these parachutes are usually the only things keeping executives in the company and not jumping ship to the competition. High-level executives tend to live in a seller's market meaning they can pick and choose.

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