White House spokesman Gibbs said the new compensation Czar Kenneth Feinberg, who will review “the soundness, the appropriateness” of compensation for top execs of companies receiving government aid, will take the role of “Special Master.” Toto, I’ve a feeling we’re not in Kansas anymore. We must be over the rainbow.
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
"Overall household indebtedness is up from $7 trillion to almost $10 trillion since 2000. On this sum, we estimate, the American consumer has an annual interest bill of more than $500 billion; a sum, by the way, that vastly exceeds his current income growth." —Kurt Richebacher
Knowing that the vote over the weekend in Greece was really a referendum on Euro membership, a majority of the Greek Parliament said yes to staying. European Finance Ministers meet again on Wednesday to solidify the 2nd bailout package for Greece at the same time hopefully a deal is consummated between Greece and its creditors this week. The Greek 14.5b euro bond that matures on March 20th is up by 2 pts. The optimism that all will be completed and contained AGAIN to Greece has yields lower in Portugal, Spain and Italy. The iTraxx Financial Index is also narrower by...
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June 10th, 2009 at 4:25 pm
Anyone know where I can send in my resume for this job?
June 10th, 2009 at 4:45 pm
Is that a Special Master of Bation?
June 10th, 2009 at 4:47 pm
[...] Special Master [...]
June 10th, 2009 at 4:47 pm
“Special Master” is a legal term for someone appointed by a judge for a specific inquiry or dispute. Nothing nefarious.
June 10th, 2009 at 9:50 pm
Me too! Where do I fill out the czar ap?
June 10th, 2009 at 11:13 pm
What I want to know is who sets the compensation for the compensation czar? I want that job.
June 11th, 2009 at 1:31 am
NYT article said there was no compensation. Of course, NYT also said there were WMDs.
June 11th, 2009 at 6:08 am
Language is everything and the idea that there could be a “special master” for anything serious is frightening.
June 11th, 2009 at 12:06 pm
Having said that, unless we rethink the way we use our wealth, this world is doomed. al-Waleed bin Talal, however he came by his wealth is in a position to make a difference. Instead he chooses conspicuous self-consumption.
next shoe to drop real soon…hyperinflation..market tanking..sell now
one of my new favorite finance websites… http://bacn.me/7gy
Having said that, unless we rethink the way we use our wealth, this world is doomed. al-Waleed bin Talal, however he came by his wealth is in a position to make a difference. Instead he chooses conspicuous self-consumption.