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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Road Walker who wrote (360045)11/24/2007 2:46:45 PM
From: tejek  Read Replies (1) | Respond to of 1574043
 
I thought this was pretty amazing...

In fact, according to Fortune, Merrill Lynch made its biggest purchases of bad debt in the first half of this year — after the subprime crisis had already become public knowledge.


Isn't it? And the sucker who was the CEO tried to sell the company when it was clear things were really messed up. And he too got a nice reward for his screw ups. There is something really wrong in the corporate world when a leader can put the company in economic danger and still walk away with a nice retirement alotment. Think Rome....just before the fall!