for some reason i don't feel bad for them

Apparently Obama is setting a $500K cap for banking execs who are
recieving federal bailout money.

New York Times wrote about how these bankers will not be able to
continue the lifestyle they are accustomed to.
http://www.nytimes.com/2009/02/08/fashion/08halfmill.html?_r=1

My thought is that their bank failed. They lose money. That's how
capitalism works. They shouldn't get REWARDED for failure. The
amount NYT states that is spent on party apparel is more than my
entire mortgage. Private school for a kid for one year is more than
my entire college education.

I really think that these people can cut back and live just fine.

There's no reason to promote failure.