April 27, 2009
– Comments (5)
Big Picture has a post about compensation to financial workers, which because of the bailouts is the same as before the financial crisis began...
And this should surprise anyone? My advise to my sons who started investing last year about financial companies - their greed is unabated and will always find a way to bring the market down. Just look at most of the stock market crises since the mid seventies. Which is why I'm down in CAPS from 92 to zero - red thumbing anything that smells, looks or resembles a financial stock.
funny how few complained about compensation when the market was going UP...
Ignorance is bliss.
FYI - French News this week.