Posted on 02 February 2011. Tags: Bank of America, Blackrock, CEO Pay, Class Warfare, Greed
Well, who said you can’t count on stability anymore? That things are changing too rapidly. Not to worry: It was a tough year for Bank of America what with the foreclosure mess and a sagging stock price. Its chief executive, Brian T. Moynihan, nonetheless received $10 million in his first year on the […]
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Posted in General Interest
Posted on 15 July 2009. Tags: Blackrock, Depression, Goldman Sachs, Greed, Productivity, Recession, Unemployment, Wages, Wall Street
Today brings in stark relief the economic chasm in America: the Depression is here, if you measure what real people are going through, but, on Wall Street, the party continues as, in Marie Antoinette style, financial executives reap millions while the rest of the people grasp for crumbs. Today, David Leonhardt has an excellent […]
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Posted in General Interest