Multi-Million Dollar Bonuses are Destroying the World Economy
In today’s unfettered and unregulated form of capitalism what is the compensation for complete financial destruction of everything you touch? Apparently tens of millions of dollars in bonuses that never have to be paid back.
N.Y. Times writer Louise Story chronicles the sordid tale of woe left behind by miscreants Dow Kim, E. Stanley O’Neal, Osman Semerci, Dale M. Lattanzio and Douglas J. Mallach. They are pathetic.
Source:
http://www.nytimes.com/2008/12/18/business/18pay.html?pagewanted=1&_r=1&sq=dow%20kim&st=cse&scp=1
***
-
Position in SPDR Small Cap Value ETF IncreasedThe position in the SPDR S&P 600 Small Cap...
- February 7, 2019
-
Jeremy Siegel Sees a Bull Market ContinuationJeremy Siegel predicted a bullish 2019 for stocks on...
- January 10, 2019
-
Ken Fisher is Over the Top Bullish for 2019CNBC interviewed successful money manager Ken Fisher yesterday
- January 3, 2019
-
Is the Retirement Crisis Really a Crisis?PBS Frontline recently presented a documentary called “The Retirement...
- April 25, 2013
-
Alarming Chart of the Stock Markets of 1987 and 2012-2013Several days ago I posted a chart showing the...
- May 22, 2013
-
Gary Shilling’s Favorite Investment: 30 Year Treasuries
Larry Kudlow interviewed Gary Shilling last week. Shilling continues...
- June 23, 2011
