No government protected/bailed out company should be able to piss investors or tax payers money away in non-justifiable bonus money. To hear some of these banks explain the payoffs, these people needed to be paid the bonus money or they might go to another employer....what? So someone underperforms and you are afraid they might work for your competition?

I cant quite figure out anyone who would defend such piss poor management decisions unless of course that is something you do yourself....I believe it is a payoff for good ol boys in the network and regardless of the fact that the board goes along with such bribes it should be illegal....paying for business failure should be illegal--consider its potential as a means of covering up bribes or a no show job for the mafia and other illegal activity for example.....we didnt pay off the mob-we just gave Tony a bonus so he wont shake down our competition.......

So yes, such corruption is something we should discourage....after all isnt that one of the reasons Im supposed to support capitalism--its supposed to reward SUCCESS right?