heheh — I don’t know if Scott Adams reads The Big Picture, but he certainly is keeping up with some of our favorite themes:
>
While yesterday's US stock market close was poor, Asia and Europe didn't follow today as debt in Greece, Spain, Portugal, etc... rallied, their CDS narrowed and stocks bounced. The Greek finance minister said January tax revenues came in above expectations and that spending was below target for the month and said "that means the deficit reduction for January is well within what we have promised." The euro is rising in turn. Also helping is the story that Trichet is headed to the European Union leaders summit a day early in order to address Greece's problems even as the Greek finance...
read more »
June 15th, 2009 at 8:55 am
In Barron’s famous issue, the original “Are you Rich Yet?” they had four levels of wealth. The cut off number weren’t picked out of a hat, but had logical reasoning behind. The logic determining the highest wealth level was “If you could pay yourself anything you wanted… How much would that be?” Which they answered as “How much do Fortune 500 CEOs pay themselves.” And that was the number they used.
June 15th, 2009 at 8:58 am
too funny
June 15th, 2009 at 9:37 am
sounds about right. but there isn’t enough groveling.
June 15th, 2009 at 3:50 pm
[...] Executive compensation committees [cartoon] The Big Picture [...]