You mean, like someone making at least $10 million a year working for a company whose subsidiary recently received a $139 billion loan guarantee from the federal government? Somebody like . . . Brian Williams?
That’s right. As reported here, the US government has agreed to guarantee as much as $139 billion of the debt of GE Capital Corp., a subsidiary of GE, which just happens also to own . . . NBC and MSNBC.
We’ve already wondered out loud when Keith Olbermann, who accused corporate fat cats of financial “treason,” was going to give up part of his $7.5 million a year. Perhaps Keith and Brian can stage a joint appearance to announce that, not wanting to be hypocrites, they’ve decided to renounce those millions made possible in part by that mega-billion government guarantee their parent company is enjoying.
We’ll be sure to pass along details of any such event 
Note: by ironic coincidence, it’s been reported that just today GE Capital used its federal guarantee to sell $129 million in bonds.
3 Comments
A silver lining I think, Maybe these fatcats who stand to loose there huge salaries will wake up and start supporting free enterprise and rally against these policies instead of embracing them. Maybe?
I am going to laugh when these execs bail on their current employers for companies that aren’t getting any bailout money, thus leaving their current companies in even worse shape.
I wonder what Brian Williams will be saying then?
-Dave
“I wonder what Brian Williams will be saying then?”
Brian is just hoping they dont come after HIS 10 million a year salary. Considering GE got a boatload of our money it stands to reason that his cash would be in doubt. But no doubt there is a loophole that protects the salary of the friends of Obama
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