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Northwest Voices

Seattle Times letters to the editor

December 3, 2008 at 2:52 PM

The snowballing bailout

Take back control

With the bailout of so many companies, I believe there should be a requirement that no person in those companies should be allowed to make more than the president of the U.S. until said companies have repaid all of the borrowed funds. This would allow us to see how seriously these company executives believe they actually need the funds. The salary limitation should also include all bonuses.

Also, if you are a stockholder and the value of those stocks has dropped appreciably, you have a right to submit a salary proposal to the stockholders for the company executives that reflects your change in stock value. There are time deadlines that do need to be met.

— Bob McGregor, Colville

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