Sodsy ( cloned from a State of Denial) has emerged in 2011 as the virtual Strawman, you see, from the Wizard of Oz. . Shatter the Lucifer Matrix reality through channeling The Higher Power frequency,528 Hertz, the divinity inside. Sign up for my RSS feed and stay connected to Sodsy. He he he.;)
Wednesday, January 23, 2008
Capitalism's Enemies Within
Wall Street's pay practices perversely encourage extreme risk-taking that can destabilize the economy.
Amid the mayhem on world financial markets, it is becoming clear that capitalism's most dangerous enemies are capitalists. No one can have watched the "subprime mortgage" debacle without noticing the absurd contrast between the magnitude of the failure and the lavish rewards heaped on those who presided over it. At Merrill Lynch and Citigroup, large losses on subprime securities cost chief executives their jobs -- and they left with multimillion-dollar pay packages. Stanley O'Neal, the ex-head of Merrill, received an estimated $161 million.