Yeah, Right

To answer the question posed in the headline, NO!

A NEEDED FIX IN ALL BOARD ROOMS

Isn't it time the system went in for some much needed repair?

Due diligence and oversight long ago slid out the window. No one was watching.

Time to do something about it.

Here's a huge one they all missed.... The dramatic change that swept through all of North America's boardrooms over the past 30 years. It is one of the underlying causes of the headache the economy is now feeling, but more importantly, it has resulted in the general feeling of "disconnect" by most Americans.

"WE THE SHAREHOLDERS OF YOUR COMPANIES......

http://pacificgatepost.blogspot.com/2008/03/letter-to-ceos-of-fortune-1000-cos.html

The Exec's/CEO's of ALL companies/corps/... should not even get these millions of dollars salaries.-Every single one of them.
Who even needs that much a year ?.
What is YOUR average salary !??.
Do any of these FATCATS work any harder than a bricklayer?, or plumber,?,... or even a waitress?
Does anyone honestly think these so-called ivory-tower suits' deserve it. ?
Oh ya, and when they constantly "LOSE" our money we are supposed to give them even more money ?
FOR WHHAAAATTT ???!!!
Enough already with Washington AND Wall Street lining their pockets, and lying to us.
Washington (the government) is even more guilty of CORRUPTION, and by reason of INSANITY at all levels.
Well, America deserved what it got for letting other people "GAMBLE" with their money.
Did you're gov't Representatives that you elected even watch your back while all this was goin' on ?
NO !
Why didn't they "REGULATE/Monitor/GOVERN" these idiots especially since it was ALL with your hard-earned money and tax-dollars in the first freeekin' place.
So, once again, in answer to your IMHO ignorantly-questioned Headline ?
NO !

No offense, but Henry Ford must be turning over in his grave -with JEALOUSLY - over what Wall street and the Feds just pulled-off against the average hard-working Americans.

'comon wake-up America, It is your god given country, so take back your great country that you built.

I hear the villagers sharpening their pitch forks and soaking their torches in oil.

Most Americans oppose the idea of a mortgage bailout, both for borrowers and for lenders. They oppose homeowners being bailed out by a an almost 2-to-1 margin and for lenders even by a 4-to-1 margin according to a Rasmussen Reports poll. Yet, here the government goes in proposing that we do both. Is it charity or stupidity? What do you think guys?
It appears that a TARP was not enough to cover up the mortgage crisis. Endangered mortgage homeowners could not benefit from the kind of credit repair scores presented by Treasury Secretary Paulson’s Troubled Asset Relief Program. On the contrary, 1.5 million homeowners can obtain a sense of security when they’re facing foreclosure through the Federal Insurance Corp Chairman Sheila Bair’s new mortgage modification program. This straightforward system, a $24.4 billion program drawn from the $700 billion pool that TARP set up, will allow lenders a stipend of $1,000 per loan they renegotiate with financially stuck homeowners. In the event of default on a loan, the FDIC has pledged to take on up to 50 percent of the loss. While Paulson proclaims this as a mere spending that will only bankrupt the FDIC, many view Bair’s movement as a needed investment to maintain the liquidity in the mortgage industry. While this won’t solve all the problems immediately, it’s certainly a bold effort to help repair credit.

Click to read more on Credit Repair.