Growing Doubts on Grasso’s Public Statements
Graef Crystal is an compensation expert. His column today — “Grasso $48 Mln Giveback Could Have Been $20 Mln” —...
Dead Man Walking
Grasso is now finished. He’s a “Dead Man Walking.” One week ago today, I noted that this was becoming a public...
Rumsfeld Says Saddam Not Linked to 9/11
Compare & Contrast: Cheney’s dissembling performance with a surprisngly limp Tim Russert, and Rumsfeld’s straight...
Calpers Chief Calls for Grasso’s Head
I love Jim Murphy. He’s this crusty Dow Jones writer who does a 5:15am cameo on CNBC every morning (he looks like Hemingway would...
Clark Enters Presidential Race
Its official . . . Dow Jones News Wires is reporting that Wesley Clark will enter the US Presidential Race; This has major implications...
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...
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...
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...
George W. Bush: A “Big Government Tax-Cut & Spend...
The the era of big government is back, thanks to the Bush Administration. That’s the conclusion of a Brookings Institute study. The...
States Embarrassing the Feds, part IV
After years (if not decades) of failing to discharge their duties with diligence or honor, we have now reached the point where the SEC is...