VIDEO ON MSN MONEY
Forget re-paying their outrageous salaries/bonuses. Fund Execs who knowingly lied and cheated people out of ther homes and retiremnents should be stripped of all assets, made to live in Public Housing and forced to manage the third shift at McDonnald's FOR THE REST OF THEIR MISERABLE LIVES!
As an aside, when will people learn to stop trusting their life-savings to people named, Gold, SIlver, Diamond, etc...................
While you're at naming names, how about naming some politicians who did about the same thing? The list could be endless on how many do so little for so much money? It may do more good than the other?
"Why do these people get huge bonus's "
Why do althletes make the money they do for playing games?
Because they can and because somebody is willing to pay it.
Often it really doesn't matter what kind of year their companies have, or in the case
of athletes what kind of year they and their team have because they have long term
contracts with a great deal of guaranteed money no matter how they perform
Also most CEO's have golden parachutes when they leave no matter what kind of
job they have done.
Imagine, we can Hire Ishboo from India pay him 20 dollars a month. Don't need to fly him/her in, just mail a computer to him and Ishboo can skype his way to office. By firing the CEO we can save up to 231 times the amount it costs just to fire one employee.
Not to worry about diminishing demand.
You'll [Investor] be dead by the time no one can buy stuff from the company but you.
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[BRIEFING.COM] The major averages ended the midweek session with slim gains after showing some intraday volatility in reaction to the release of the latest policy directive from the Federal Open Market Committee. The S&P 500 added 0.1%, while the relative strength among small caps sent the Russell 2000 higher by 0.3%.
Equities spent the first half of the session near their flat lines as participants stuck to the sidelines ahead of the FOMC statement, which conveyed no changes to the ... More
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