Ralph Lloyd: The investment managers should give back their bonuses or skip

From Ralph Lloyd, January 31, 2009
Subject: STRS workers bonuses

How in **** can you in sound mind and body permit the investment workers to get bonuses, when the investment portfolio shows that the reserve money is decreasing? I will paraphrase what O'Bama said the other day to the CEOs of the companies that got bailouts: "How can you people do that when your companies have to get bailed out? It is unconscionable!" I agree with him all the way; in fact, I would require all of those CEOs to repay their company. I would require all of those investment workers to repay their bonuses or find another job.

Ralph L. Lloyd