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Monday, July 27, 2009
Citi's $100 Million Man
Not that I care, but CNBC subjected its viewers to three different segments in regards to Citi not paying one of its energy traders. Well, the argument seems to be because the government has a percentage stake in Citi and taxpayer money should not used to pay bonuses. Of course I disagree with this thinking. Shareholders large or small do not make compensation decisions. Even Warren Buffet cannot tell GE who should or should not receive bonuses. Also, this is a contractual obligation. Contract law must not be undermined by anyone other than the parties involved. Let the man get his millions, he earned it.
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July
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- Money in Options
- RIP Yahoo
- Citi's $100 Million Man
- Disadvantaged Masses
- IRS Arbitrage
- Forget Equities, Buy Debt
- 30 Year Trade Recap
- Morgan Stanley 2nd Quarter
- Capitalism is Back?
- Stop Wasting Money!
- Banks to Save the Day
- Everybody is an Expert but Nobody Knows Anything
- The Media is Not Your Friend
- More Dominoes?
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- The Insanity
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- CIT
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- One Day
- No More Sitting on the Fence
- What happened to the Toxic Assets?
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- End of Recession?
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