Iraq’s 6 Month Anniversary
Nobody even mentioned it: Today was the 6 month anniversary of the Invasion of Iraq. I have to reread my magnum opus, Not-So-Hidden...
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...