 The Wild Wild World of Wealth |  |
Pension Fund Sues Goldman Over Pay Here’s the deal. Acrimoney is exploring public outrage over Goldman’s $22 billion bonus pool. We’ve broken our post into two parts so you can vent your outrage or support the company’s right to pay whatever it wants. How do you feel? Re-tweet this post if you believe: 1) Goldman has [...]
Why would anybody invest in a system where king-sized returns accrue primarily to cheaters? Isn’t fair play core to the capital markets?
GROVE O’ROURKEs work for you. Fiercely loyal, they’ll tell their organizations, “Take a hike,” when your interests are at stake.
#2 PROFESSORS These financial professionals study the markets with passion. They read everything and reverse-engineer all securities in their quest for knowledge. They never sleep. They walk around with deep circles under their eyes and pile up all kinds of accreditation letters behind their names like CFP, CFA or MBA. But you may not be [...]
BLIMPS are the cocksure brokers with dirigible-sized egos that rival anything Goodyear floats over NFL stadiums. Think Boiler Room. BLIMPS hog the air. They know everything and hear nothing.
Goldman Takes Offensive on Pay Okay, this is really interesting. In the good old days, the captains of finance fought bonus wars behind closed doors. We called them “ax fights.” But in the wake of 2008, Wall Street’s compensation is public policy. The Wall Street Journal reports that Goldman is taking the PR battle over [...]
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