David Scott actually said...

I want to ask you to do something that Abraham Lincoln suggested we do that worked very good back then...

Scott urges the banking industry to act selflessly during a critical time.

02/10/2009

More David Scott Quotes

Excessive compensation packages were indeed a contributing factor because incentives for short-term gains overwhelm the checks and balances.

Giving the $168 million in bonuses and compensation of taxpayers' money to a failing company asking for a bailout was excessive.

This issue was created by overexuberant, overeager executives who were compensated for lack of performance.

Excessive compensation has played some degree and some contributing factor to our financial situation.