No. of Recommendations: 11
Follydolly asks,

<<As for the executives, they should lose everything they have, including their homes. >>

I agree. But I wonder, what about their contracts for their golden parachutes? They would have to be individually prosecuted. And I hope it does come to that.

That's why the first step in any bailout should be declaring the investment firm insolvent, and the second step should be firing the Management and Board of Directors. Then executives with golden parachutes get to stand in line with all the other creditors and have the bankruptcy court decide who gets paid.

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