Thursday, December 18, 2008

OVERCOMPENSATING INCOMPETENCE

This is an incredible story. The NY Times tells us how Wall Street investment banks handed out well over $100 billion in bonuses and salaries over the past five years to executives who effectively ran their companies into the ground.

Now that everything's gone up in smoke, do you think these incompetents - who should have seen this coming - will pay any of it back?

- Mark

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