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Need a Hand?
Your Next Project Starts with Brownstoner
DH! g’night everybody!
Stevieb, shame on you! You left the lights on. Our electric bill is high enough already and I don’t wanna have to name my next cat ConEd 🙂
**click**
nite nite everybody :-p
>>LOL, stevie……I’m actually doing it though as opposed to you.
oh yeah? how do u know i am not?
>>OH,,,,I Forgot, I don’t know what long/short means.
it was not meant to be an insult. I really think you are a perma bull and only know one way to make money. I don’t think you can short yourself out of a paper bag. No disrespect.
Thanks for the clarification Mopar!!
And you MUST try Vutera – I think you’d really like it. Gorgeous spot and still very much under the radar (most people don’t know it exists!!)
It’s perfectly legal to advertise “no shares.” It’s also perfectly legal for any leaseholder to move in a roommate at any time, as well as a spouse and any children they have. The only restriction is total number of people per room, which varies depending on the overall number of rooms, but is generally two per room.
>>I agree that, in the case where they still have TARP money, need to be supervised and answer to the government, until that TARP money is paid back.
Ah, this is the most reasonable thing I have heard from you so far.
>>But when you’ve got an employee bringing in $25MM, $50MM, $100MM or $1B in revenues…you pay them or lose them.
This is not the point. All these banks that ran up risk should have been allowed to fail in a controlled fashion by the government. The flip side of bailing out these banks is creating a huge moral hazard. So what if a few deserving people didn’t get paid for a year? maybe they will be more careful with choosing their future employers going forward.
The justice should rest with the upper management who are responsible for the OVERALL profitability of the firm. You do not overlook those making money throughout the firm just because parts of the firm really fucked up. The pay czar should focus on the management, not the worker bees who are actually bringing in the honey.
I don’t know what line of work you are in but it is very common in business for many of the underlings to make more than the CEO & Chairman because they are “producers.” Without the producers, the business fails. This is why people at AIG still need to get paid…or they get poached away.
Dick Fuld, Ken Lewis, the guys at at the top C, JPM and MS need to police the problem areas of the businesses and I agree that, in the case where they still have TARP money, need to be supervised and answer to the government, until that TARP money is paid back. But when you’ve got an employee bringing in $25MM, $50MM, $100MM or $1B in revenues…you pay them or lose them.
Japan market opening now stevie…no time to argue anymore as to who gets bonuses and why. Time to check in on my longs and shorts. OH,,,,I Forgot, I don’t know what long/short means.