Neil Cavuto has a wonderful idea on how to keep these mooching CEO’s from asking for a bailout. The current corp is the automakers. So, here is the plan, first we’ll give you the money but you have to resign. Obviously these CEOs have run their companies badly. No golden parachutes or anything like that.
Wonder how many CEOs would still be standing in line for that multibillion dollar welfare check?
As soon as I can find the video I’ll add it. It is good.
Further Reading
Tags: bailout
November 13th, 2008 at 9:47 am
[...] if we are to bail you out, then I would require what Neil Cavuto said, the CEO and the Chairman must resign. Then I would bring in the top 20 or so non-employee stock [...]