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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: Ann Corrigan who wrote (48690)9/24/2008 11:43:28 PM
From: cirrus1 Recommendation  Read Replies (3) | Respond to of 224738
 
Very good idea. Raines should forfit a big chunk of his ill-gotten gains.

FWIW, Dick Fuld of Lehman Bros took home $490 million during his 15 year tenure that ended with Lehman filing bankruptcy.

It seems like traditional capitalism: people bet big, like 35:1 leverage, and get huge paychecks when they win. They take risks and get rewarded. That's the essence of capitalism.

But if when they lose, its someone else's money. They move on to the next job. Huh? What kind of capitalism is that?



To: Ann Corrigan who wrote (48690)9/26/2008 10:41:55 AM
From: cirrus  Read Replies (1) | Respond to of 224738
 
Just curious, Ann... what did you think of the Couric/Palin interview?