The work we have all done to try to stabilize the financial system and to get this economy moving again would be significantly set back if we lose our talented people because Congress imposes a special tax on financial services employees.
Vikram Pandit, CEO, Citi
I am very concerned about our ability to retain some of our most valuable associates. The very best performers on our team will always have offers from competitors.
Ken Lewis, CEO, Bank of America
This will undermine the recovery efforts. It will decrease industry interest in participating in any recovery program, and cast a pall over existing and future contracts.
Scott Talbott, SVP for government affairs, the Financial Services Roundtable (Bloomberg)
While I totally understand the desire to recoup the bonus money, passing this bill out of anger and rage will only destroy the competitiveness of the industry and the banks you are trying to save. It is as simple as that.
Dan Greenhaus, equity analyst, Miller Tabak & Co (MarketWatch)
If you are not careful, the only people who will be interested in working for bailed out US banks will be about as bright as those lunatic US lawmakers.
Vic Daniels, publisher, Here Is The City
What Congress has said is that 'We will be an irrational-acting partner.' It dissuades anybody from taking on a relationship with the government.
John Canning, chairman, Madison Dearborn Partners (The Chicago Tribune)
No comments:
Post a Comment