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Merrill Lynch's John Thain: Villain of the Century
Fri, 01/23/2009 - 10:12am | mal contends
Update II: Obama Calls Wall Street Bonuses ‘Shameful’
Can you believe this? Sick.
Merrill Lynch, with CEO John Thain presiding, paid fifteen billion dollars in bonuses in December with public money. This news is sure to be iconic.
As in outrageously sociopathic; meet the Jeffrey Dahmer of finance: Merrill Lynch CEO John Thain.
From Clusterstock.com, read John Carney's Wall Street’s Sick Psychology of Entitlement
Writes Carney:
Can you believe this? Sick.
Merrill Lynch, with CEO John Thain presiding, paid fifteen billion dollars in bonuses in December with public money. This news is sure to be iconic.
As in outrageously sociopathic; meet the Jeffrey Dahmer of finance: Merrill Lynch CEO John Thain.
From Clusterstock.com, read John Carney's Wall Street’s Sick Psychology of Entitlement
Writes Carney:
Tags: 'Fear' Index Hits All-time High
Mon, 10/06/2008 - 2:18pm | mal contends
Who can argue that the Bailout Plan, incomplete though it is, is not needed to halt the fear breeding on fear? From Reuters:
By Doris Frankel CHICAGO, Oct 6 (Reuters) - An index regarded as Wall Street's fear gauge surged to a record high on Monday in a sign investors expect more stock market turmoil as they scramble for options to insure their stock portfolios.CBOE VOLATILITY INDEX (^VIX) or Fear Index over Five Years
