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As the Bank of America prepares to repay all of its loans to the government, a new sense of freedom emerges as it now plans for its future.
"Once the bailout money is repaid, the bank will no longer have to consult with the Treasury’s special master of compensation about what it awards its new chief executive, or any other employee. That may open doors for outside candidates for the job who were wary of accepting a job under the government’s thumb."
The minute they pay the loan off the will be able to hire a CEO...now no one who is really qualified wants to work for any bank or company that is basically run by the government and where Obama is telling them what to do, behind the scene's...like what they are allowed to have as a salary and than to be bashed by Obama and their career being over and nowhere to be able to get another job.
Obama has proven again that socialism doesn't work...Obama better go and live in Cuba, or Venuzuela if he likes their system so much!
The minute they pay the loan off the will be able to hire a CEO...now no one who is really qualified wants to work for any bank or company that is basically run by the government and where Obama is telling them what to do, behind the scene's...like what they are allowed to have as a salary and than to be bashed by Obama and their career being over and nowhere to be able to get another job.
Obama has proven again that socialism doesn't work...Obama better go and live in Cuba, or Venuzuela if he likes their system so much!
I second that emotion!
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