New York Federal Reserve President Calls for CEO Pay Cuts Clearly a move by a bunch of left-leaning pinko liberal communist sympathizers.* *Note: The above sentence contains 50 percent of your daily sarcasm requirements.
The Fed's gone Red!* *Note: The above sentence contains the other 50 percent of your daily sarcasm requirements.
Hey, I am not what you'd call a liberal/socialist/communist, but I tend to agree. I have no problem with guys getting paid if they actually add value. I have no problem with Michael Dell or Bill Gates being as rich as they are, given that they built companies from nothing. But I wonder why a guy at a money losing company gets paid as much as he does. Is he just really good at what he does (i.e. lose millions?) JP Morgan used to have a rule, he could not get paid more that 25 times the lowliest office boy.
I am now pissed. You have used up 100% of my daily sarcasm allowance, and know that is used up today is going to be pretty dull. Side note....... MLSNHTOWN declares athletes are overpaid as well. Bigsoccer declares him Pinko commy bastard.