Pull up a chair fellows and let's have a talk. You have plenty of time to talk, don't you? Great. Mr. Waxman would like to review the comfortable severance packages in light of the incredible failures during your time at the helm. You don't mind chatting about these platinum parachutes while Wall Street removes billions in revenue from their books, do you? Yes, they would be the same "billions" that propped up your bonus/performance numbers.
Can we round up some of the board members too while we're at it? It would be enlightening to hear the juicy details of those much-too-cozy relationships. Just how do they justify paying their circle of friends such money for such massive failure? CEOs are going to pass the buck so let's bring in everyone so Americans can catch a glimpse of this wonderful system. Put them all in a room and let's hear how it works.
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Merrill Lynch, Citigroup and Countrywide CEOs invited to Congress
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