Comments for Good times and bad http://geetwo.wordpress.com The musings of g2, traveling man and old curmudgeon Thu, 12 Nov 2009 03:11:07 +0000 http://wordpress.com/ hourly 1 Comment on For those of you who work and don’t get to watch the Today show… by geetwo http://geetwo.wordpress.com/2009/11/11/for-those-of-you-who-work-and-dont-get-to-watch-the-today-show/#comment-682 geetwo Thu, 12 Nov 2009 03:11:07 +0000 http://geetwo.wordpress.com/?p=1526#comment-682 Well, maybe it was only fifty years. Well, maybe it was only fifty years.

]]> Comment on For those of you who work and don’t get to watch the Today show… by Rita http://geetwo.wordpress.com/2009/11/11/for-those-of-you-who-work-and-dont-get-to-watch-the-today-show/#comment-680 Rita Wed, 11 Nov 2009 23:08:13 +0000 http://geetwo.wordpress.com/?p=1526#comment-680 So Bob Barker must be older than 108 if he's been on the air before TV was invented. Weird. So Bob Barker must be older than 108 if he’s been on the air before TV was invented. Weird.

]]> Comment on Happy Anniversary to me. by Julie http://geetwo.wordpress.com/2009/11/05/happy-anniversary-to-me/#comment-678 Julie Thu, 05 Nov 2009 14:48:03 +0000 http://geetwo.wordpress.com/?p=1515#comment-678 Whoo hoo! Whoo hoo!

]]> Comment on Happy Anniversary to me. by Joe G http://geetwo.wordpress.com/2009/11/05/happy-anniversary-to-me/#comment-677 Joe G Thu, 05 Nov 2009 07:25:10 +0000 http://geetwo.wordpress.com/?p=1515#comment-677 Tell your heart congrats! Tell your heart congrats!

]]> Comment on Are you an outdoorsman (or woman)? by Bro http://geetwo.wordpress.com/2009/10/28/are-you-an-outdoorsman-or-woman/#comment-672 Bro Wed, 28 Oct 2009 16:57:36 +0000 http://geetwo.wordpress.com/?p=1487#comment-672 Just a little plug.......You will find similar (even more varied) equipment and trips at www.rei.com. Just a little plug…….You will find similar (even more varied) equipment and trips at http://www.rei.com.

]]> Comment on High Blood pressure reason number 122. by JG http://geetwo.wordpress.com/2009/10/26/high-blood-pressure-reason-number-122/#comment-670 JG Mon, 26 Oct 2009 20:51:11 +0000 http://geetwo.wordpress.com/?p=1470#comment-670 Same thing happened to us. Makes me pine for the days of Percolators. We finally settled on a Krupps. It cost more that I really wanted to spend but we have friends who have one and it's lasted 5+ years. Here's hoping we have similar luck. Same thing happened to us. Makes me pine for the days of Percolators.

We finally settled on a Krupps. It cost more that I really wanted to spend but we have friends who have one and it’s lasted 5+ years. Here’s hoping we have similar luck.

]]> Comment on My fifteen seconds of fame. by Julie http://geetwo.wordpress.com/2009/10/26/my-fifteen-seconds-of-fame/#comment-669 Julie Mon, 26 Oct 2009 18:33:25 +0000 http://geetwo.wordpress.com/?p=1466#comment-669 Was your Linda song by Perry Como?? http://mog.com/music/Perry_Como/Como_Swings/Linda Was your Linda song by Perry Como??
http://mog.com/music/Perry_Como/Como_Swings/Linda

]]> Comment on My fifteen seconds of fame. by Bro http://geetwo.wordpress.com/2009/10/26/my-fifteen-seconds-of-fame/#comment-667 Bro Mon, 26 Oct 2009 02:17:54 +0000 http://geetwo.wordpress.com/?p=1466#comment-667 Linda...??? Linda who...??? Linda…??? Linda who…???

]]> Comment on Can he do that?? by Bro http://geetwo.wordpress.com/2009/10/22/can-he-do-that/#comment-666 Bro Sat, 24 Oct 2009 04:17:51 +0000 http://geetwo.wordpress.com/?p=1460#comment-666 The Feinberg plan is essentially what you describe above. There is another plan by the Fed to force all of the large financial services to make their compensation systems more long term oriented (i.e., stock options). However, that has the potential to create even bigger paydays. Relative to Goldman Sachs etc paying back their TARP funds that is not really true. GS etc were on the other side of all those credit default swaps that caused AIG to need $150+ Billion. A credit default swap is essentially insurance against a loan/mortgage defaulting. AIG wrote a ton of these cds's for, among others, GS etc. When all those loans began to default, GS etc went to AIG to collect on their insurance but the AIG cupboard was bare. Consequently the government gave AIG $150+Billion, much of which went to pay GS etc. If AIG had been allowed to fail, GS etc would have been in far worse shape. So the AIG bail out was also a bail out of GS etc... As I said above, most of these guys should be going to jail not just getting a pay cut.... The Feinberg plan is essentially what you describe above. There is another plan by the Fed to force all of the large financial services to make their compensation systems more long term oriented (i.e., stock options). However, that has the potential to create even bigger paydays.

Relative to Goldman Sachs etc paying back their TARP funds that is not really true. GS etc were on the other side of all those credit default swaps that caused AIG to need $150+ Billion. A credit default swap is essentially insurance against a loan/mortgage defaulting. AIG wrote a ton of these cds’s for, among others, GS etc. When all those loans began to default, GS etc went to AIG to collect on their insurance but the AIG cupboard was bare. Consequently the government gave AIG $150+Billion, much of which went to pay GS etc. If AIG had been allowed to fail, GS etc would have been in far worse shape. So the AIG bail out was also a bail out of GS etc…

As I said above, most of these guys should be going to jail not just getting a pay cut….

]]> Comment on Can he do that?? by Joe G http://geetwo.wordpress.com/2009/10/22/can-he-do-that/#comment-665 Joe G Fri, 23 Oct 2009 22:44:03 +0000 http://geetwo.wordpress.com/?p=1460#comment-665 Chase paid back their TARP money in early June of this year. So did American Express, Goldman Sachs, and Morgan Stanley. These companies will not have caps on their executive pay. The companies that have to abide by the above rules are GM, GMAC; Chrysler, and its finance arm Chrysler Financial; Bank of America; Citigroup Inc.; and American International Group Inc. Chances are, without the TARP funds they wouldn't even be in business. Even with my simple math skills, I'm pretty sure that not having a paycheck is worse than getting your pay cut. Chase paid back their TARP money in early June of this year. So did American Express, Goldman Sachs, and Morgan Stanley. These companies will not have caps on their executive pay.

The companies that have to abide by the above rules are GM, GMAC; Chrysler, and its finance arm Chrysler Financial; Bank of America; Citigroup Inc.; and American International Group Inc. Chances are, without the TARP funds they wouldn’t even be in business. Even with my simple math skills, I’m pretty sure that not having a paycheck is worse than getting your pay cut.

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