Just one day after five execs reportedly threatened to jump ship over government-mandated pay cuts, Obama's "Pay Czar" Kenneth Feinberg is lifting a b...
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Hedge funds are often unstable. One bad year, and investors pull their capital. A few bad "marks," and lenders make margin calls.
For too long and for a variety of reasons, shareholders have been complicit in allowing management excesses and incompetence by not taking a stand.
Let us suggest, Mr. President, that one man's "outrage" is another man's vacation home. And what some call "greed," others recognize as the lubricant that turns the wheels of commerce.
So, these AIG "retention bonuses," they are extraordinary things. Dig the way the $165 million was disbursed, according to the lead paragraph in this...
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