With trillions of dollar already gone into bail out and stimulus packages, global economies are trying hard to fight back.
There is a basic principle of doing business which is to never throw good money after bad. Move on. Put good money to better use. Does this same principle not apply in today’s crisis management?
Money being pumped into the system belongs to the tax payer.
Are the key beneficiaries and CEOs going to put back their bonuses back into the company in its testing times? After all the policies that benefited them till a few months ago have backfired. Some one out there has to own up the responsibility in each of these companies.
The governments should also spell out what conditions and accountabilities are being attached to these bailouts and rescue packages. This good money needs to be protected well.
