Be ticked off - but get over it

By Paul R. La Monica, CNNMoney
2008-9-22 11:58:23

NEW YORK (CNNMoney.com) -- Americans are very angry about the proposed bailout of the banking sector and Wall Street...and with good reason.

There should be outrage. We should all be disgusted that the government was forced into this situation. I'm infuriated that it came to this.

Of course, we should cap executive pay, which was obscene at many financial firms, immediately. And we should make sure that the CEOs, CFOs and other big wigs that drove their companies into near ruin with overleveraged bets on risky mortgages should not get big severance packages.

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