Who will hold CEOs responsible for their nefarious greed?

WASHINGTON - FEBRUARY 27:  (L-R) United States...

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The blatant misuse of company profits, bailout money, stock options, and bonuses by CEOs of is something that really bothers me. Greed in corporate America is running rampant because of a lack of checks and balances.

I mean seriously. These guys are fleecing us American citizens for all we are worth. Citigroup was planning on buying a new jet with their free bailout money. Where did that money come from? US citizens who will eventually pay for it with our tax money. Then there's the lavish parties thrown after receiving bailout money. And new million dollar offices and bathrooms made with bailout money. These guys should be locked in jail.

How can CEOs  give themselves raises and bonuses when companies are not performing well? A bonus is compensation for a job well done and which shows improvement. Just because you are a CEO does not mean that you should give yourself more money for a job that you are not doing well. I realize that lot of a company's success vacillates with the state of the economy, but CEOs have to ride the wave too. You're not exempt just because you're c-level.

Not all execs are like this of course, but we are all hearing more and more about situations like this all the time. Ego and greed has consumed the souls of American CEOs. Wake up! You are a slave to your ego!


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1 Comment

They need to be thrown in prison for giving away US jobs and personal, private data of the US citizen to nations who, frankly, dont really care for the USA.

They are responsible for destoying an economy. The "jobless recovergy" will not happen again, like it did in 2003-4-5.. This time, the economy is dead.

We need to start over.

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