Grasso’s Comp: Not Illegal, Just Bad Judgment
Previously in this space, I discussed how, in the parlance of traders, the NYSE top ticked Grasso’s pay package. I suspect that the...
The Coming Job Boom (NOT)
“Forget those grim unemployment numbers. Demographic forces are about to put a squeeze on the labor supply that will make it feel...
September 11
I decided not to address the issue of 9/11 in today’s Market Commentary. Several of you have asked why, and in brief, I have...
September 11
I decided not to address the issue of 9/11 in today’s Market Commentary. Several of you have asked why, and in brief, I have...
Grasso versus the Nasdaq
Compare the 2 charts below. I find it fascinating — and perhaps not coincidental — that Dick Grasso’s compensation...
The $200 Million Dollar Man
Let me get this straight: NYSE chairman Dick Grasso, whose been under fire for recieving an outrageous pay package of $140 million...
Embarrased by the States, the Feds Get Ready to Indict Ken Lay
The WSJ has an article out this morning worth perusing: “Probe of Enron Ex-Officers Intensifies” Isn’t it funny, that...
Are you a Neocon?
A quick post before leaving for the beach: Are you a: Isolationist Liberal Realist Neoconservative ? Take the Christian Science Monitor...
True Size of Government
The Center for Public Service released a “Fact Sheet on the New True Size of Government,” by Paul C. Light, Director...
Lag This! Payrolls Drop by 93,000 Jobs
Yes, payroll numbers, unemployment and joblessness are lagging indicators. It’s a well known understood process: As companies start...