Tuesday, March 17, 2009

Our Greed Will Not Be Denied

Anticipating restrictions on bonuses, officials at Citigroup Inc and Morgan Stanley are exploring ways to sidestep tough new federal caps on compensation, the Wall Street Journal said.

Executives at these banks and other financial institutions that received government aid are discussing increasing base salaries for some executives and other top-producing employees.

  Yahoo

Better tighten down the rules.

Geez, you'd think this was the only thing happening in the world right now, wouldn't you? Well, of course we are still killing and being killed in Afghanistan and Iraq, Russia is working on beefing up their nuclear arsenal, and Madagascar has just had a coup, to name a few. But those would be headlines at the BBC.


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