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Closing Arguments: Bonus Season Expectations
December 10, 2008 12:02 AM
Bonus season is afoot on Wall Street -- and the big numbers of 2007 -- a reported $33 billion -- will certainly not be doled out in this economy.
Executives from several struggling firms have already said that they will forego their entire annual bonuses.
So tonight, we ask you: Should every executive from struggling Wall Street firms be expected to volunteer their annual bonus?
Tell us what you think.
December 10, 2008 | Permalink | Share | User Comments (108)
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YES!!!
Posted by: sam | Dec 10, 2008 12:08:13 AM
A bonus? For what? You have got to be kidding--they should give back their salaries.
Posted by: Ellen Friedman | Dec 10, 2008 12:08:26 AM
Most CEO salaries are obscene from the git-go. Bonuses are just another fist in the jar.
Posted by: Wayne Winget | Dec 10, 2008 12:08:41 AM
Absolutely....taxpayer money should not reward these executives for their bad business decisions
Posted by: Frank | Dec 10, 2008 12:09:09 AM
yes
Posted by: diva | Dec 10, 2008 12:09:10 AM
This is a no brainer. Everyone has to sacrifice. News flash to the corporate officers and the sports people: NO ONE IS WORTH THAT MUCH MONEY. This country has got to stop worshipping greed.
Posted by: Linda Buier | Dec 10, 2008 12:09:10 AM
Yes give up the bonus. Those that don't should contribute it to those that are less fortunate.
Posted by: Fred | Dec 10, 2008 12:09:23 AM
No bonuses unless they start making money. Cut emissions with more electric cars, and hybrids that really work
Posted by: don Langston | Dec 10, 2008 12:09:59 AM
No executive should ever take any bonus when the cash is not available to pay the bonus. If the business in not profitable and solvent.....no bonus should be taken.
Posted by: Martha Morrison | Dec 10, 2008 12:10:04 AM
The destruction/greed that WallStreet has caused, no bonuses should be given. Millions of us have lost our jobs and we are not being compensated.
Posted by: Suzanne Snell | Dec 10, 2008 12:10:25 AM
Why should they get a bonus? I work for a global corporation, and while my division is profitable, the company as a whole has lost money. I probably won't get a bonus for the second year in a row...and I accept that. Why should they be any different??
Posted by: Nigel | Dec 10, 2008 12:10:52 AM
I've always thought a "bonus" was something "extra" a person received for doing a job exceptionally well, that is, performing above the expected level. NO BONUSES!
Posted by: michael Proulx | Dec 10, 2008 12:10:54 AM
No. They should not receive any type of bonus, in fact they should take a pay cut. If an sports teams have caps on how much a player can make then corporate america should have some type of guideline in place for Wall Street.
These CEO's make in excess what they are worth.
Posted by: Arthella Harley | Dec 10, 2008 12:10:57 AM
Yes, I truly believe Fat Cats who are executives of struggling companies need to be in touch with the average struggling American family and consider them first since they are already receiving a much higher unrealistic salary compared to the rest of the world. Greed is not good and let us tell the producer of "Wall Street"!
Posted by: Donna Sheridan | Dec 10, 2008 12:11:14 AM
No, the executives should not only forgo their bonusesm but should return a percentage of their past bonuses. (They could pay for their own bailouts)
Posted by: P. Barbotta | Dec 10, 2008 12:11:28 AM
Executives should absolutely give up their bonus if their company is struggling.
Posted by: Sue | Dec 10, 2008 12:11:29 AM
I think they should all give up there bonuses until the economy gets better and use it to save an employees salary. For every employee sent home they should divide their bonuses to keep someone employed.
Posted by: Janet Lighty | Dec 10, 2008 12:11:50 AM
Yes all the executives of these firms that TAXPAYERS are bailing out should forgoe their huge salaries and bonus's. I am appalled that these people are so damn arrogant and think WE should bail them out without them giving up a damn dime. I say let them all fail if they can't do something for the greater good.
Posted by: Teresa | Dec 10, 2008 12:11:52 AM
yes yes yes yes yes
Posted by: Pat Salierno | Dec 10, 2008 12:12:03 AM
absolutely. if they are keeping it, they should be ashamed. they make enough during the year, usually 10 times what a normal american makes.
Posted by: nicole | Dec 10, 2008 12:12:16 AM
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