Is to beat this (which you have to admit, is good):
Companies seeking new ideas for pay practices could also take a look at National Rural Utilities Cooperative Finance Corp, a non-profit cooperative based in Herndon, Virginia, based that ties employee bonuses to the company's credit rating.
Novel Ideas Surface For U.S. Banks' Executive Pay [NYT]






Posted by guest , May 26, 2009 10:40AM
Sick and twisted. I like it.
Posted by sugardaddy , May 26, 2009 10:42AM
Will this apply to congress if the US loses its AAA rating?
Posted by guest , May 26, 2009 10:48AM
@2- yes, that's only fair.
Posted by guest , May 26, 2009 10:51AM
Big Swinging Hick
Posted by guest , May 26, 2009 10:51AM
Good job 2
Posted by guest , May 26, 2009 10:52AM
Would rather see employee compensation tied to the retail price of crack. You really don't need to be getting excessive bonuses if the crack is cheap.
Posted by guest , May 26, 2009 10:54AM
@6- now we've got ourselves a ballgame!
Posted by guest , May 26, 2009 11:02AM
Too long; didn't read.
Posted by Joseph di Jersey City , May 26, 2009 11:04AM
So their incentives lead to piling up cash and not lending. And they're a non-profit. Yea, that's a model that will fix everything.
Posted by wcburrs87 , May 26, 2009 11:05AM
Way to go! My bonus is determined by an idiot hundreds of miles away who has knows little more about my company than it's balance sheet and historically has been incredibly wrong!
Posted by guest , May 26, 2009 11:05AM
@5 - I had a very nice weekend. Sorry for your loss.
Posted by sugardaddy , May 26, 2009 11:08AM
Hey while they are at it, just suspend trading until prices are where they want them to be.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aoa.motM58Ns
Posted by guest , May 26, 2009 11:12AM
Get back to work, W.C. @10 !!!
~Your "Idiot" Boss Who Uses "Observe IT" software.
Posted by wcburrs87 , May 26, 2009 11:18AM
@13 I never called my boss an idiot - I called the ratings agencies idiots...please read more carefully 13.
Posted by Investorcluzo , May 26, 2009 11:38AM
given that the rating agencies are paid by the issuers, seems to be like a virtuous circle to me...where do I sign up?
Posted by Anal_yst , May 26, 2009 1:22PM
Compensation schemes should be set by a bottle of whiskey and a dartboard, that's only fair
Posted by guest , May 26, 2009 1:24PM
The grabbing hands, grab what they can.
Everything counts in large amounts.
Posted by guest , May 26, 2009 2:17PM
it's a competitive world
Posted by guest , May 26, 2009 2:46PM
So, when the credit agency slaps a AAA on my "cow structured" deal, I'll be rich? Great, I'm ready for the big time.