Comments on: Top Goldman Execs Refuse Year-End Bonuses

Struggling Investment Bank's Leaders Say "It's The Right Thing To Do"

[gop_will_win]

Looks like you have forgotten about American Airlines machinists, on board staff agreed for a pay cuts, top executes are given multimillion dollars into their retirement account a few years ago.


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Posted by vsg4
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Thats what America is supposed to be.

[vsg4]

"Now lets see the liberal workers refuse their paychecks.

Posted by gop_will_win at 01:43 PM : Nov 17, 2008"

Looks like you have forgotten about American Airlines machinists, on board staff agreed for a pay cuts, top executes are given multimillion dollars into their retirement account a few years ago.

[gop_will_win]

Now lets see the liberal workers refuse their paychecks.

[pete_in_az]

I guess if I received 54 million in compensation the year before, who knows what the stock portion is worth but even at 1/3 your rich, I might forego a bonus while others are getting pinkslipped. Otherwise someone might kill you.

[mandylou4u]

why does one person need 54 million dollars in one year when you have people out here that actually work and run the world for 35 to 30 thousand a year? The money should start going to those who work for a living, not sit around and tell other people what to do. 54 million just seems like too much for one person. I do thank them for not being too greedy this year. Us real tax payers can barely handle any more.

[timetrips1]

It shows that some of the executives have some sense. I applaud their actions and they should be held up as role models for others in the industry. They should get their bounuses in the good times when the company is doing well and not when the company under-performs.

[bobnjersey]

[I applaud these executives for doing what is obviously the correct thing to do - forego the bonuses. Thank you for allowing common sense to rule.]
[Posted by jntlw at 10:04 AM : Nov 17, 2008]

i second that ... there are apparently some that have a conscience.

i wonder if they can deduct that as a loss ... against any other gains they might have otherwise.

[Gary Kempf]

Does this mean there is hope for mankind? No, they just wait a year and get to double the bonuses.

[tejasdemo]

awwwwww...that''s sweet of them

[vsg4]

How about foregoing without health insurance for all of these financial executives apart from cutting all of their bonuses. Let them pay from their pocket health care costs, those costly gym memberships & golf clubs too.

[jntlw-2009]

I applaud these executives for doing what is obviously the correct thing to do - forego the bonuses. Thank you for allowing common sense to rule.

[afmca]

If we taxed executive bonuses at 100 percent for all companies taking bail-out money; they could make them as large as they would want and the money would go right back to the people it belongs to ... the American taxpayer.

[hologram5]

Finally, a step into morality for these rich cats...

[fharlass]

Now what about the rest of you greedy ******$-like at Wells Fargo, Citigroup, etc etc, the hedge fund managers-there is group of greed

[fharlass]

To the folks on Wall Street: It is about time some of these greedy a$$hole$ did the right thing. Greed Greed Greed. That is all Wall Street is about. Some is good. If it is your reason for living-it is bad.

[johnstossel]

Oh, no!!! Now they will have their Rolls Royces and minks repossesed. May I recommend a Sam''s Club membership. Give me a break!!!

[sorceress62]

They did not take the bonuses this year but they sure did in previous years..if all the execs out there would take a long hard look at how much money they really need to live on...and not take such astronomical bonuses perhaps the United States would not be in the situation it is in now!

[au_fait]

sorceress62,you re correct in thinking that 54 million is too much to be compensated for their jobs. But you should recognize that they did not take a bonus. If only the executives at other firms were thought this way. The millions they could have received can now be used to keep jobs of those who make 8.50 hour or to create jobs.

[sorceress62]

Who needs to be compensated 54million dollars a year for doing their job. Furthermore, isn''t a salary of $600,000 more than enough to live on, if not then these people should try living paycheck to paycheck making $8.50 an hour and living in the northeast where you have to pay for oil at $3.00+ a gallon. Sorry but I cannot and do not feel badly that they are forfeiting their bonuses.

[krescera]

These guys should be congratulated for seeing the light.Gandhi pleaded that businessmen like these should act as trustees for the society with a social conscience.Let us hope that some high-flying union executives too would follow this example.The media has been deafeningly silent on the union honchos.