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Most of Wall Streeters just perform the functions that they are responsible for. Doing that, they can work just as hard as anybody else. But the "deciders" - the guys that call the shots at the top of the heap - are the ones that lead the rest of the herd over the cliff. Like guys who have...

I bet there are a lot of people who can sink a company just as good as Lewis can, and do it for only 90% of his pay. BofA can save money by hiring somebody else as CEO!!!

I find it funny when stories of Britney Spears end up on the cover of "newspapers" or in the main story page of a webpage. I use that as a gauge of what the company showing it considers "news". Mercifully, I have never heard a full song of hers played from beginning to end - anything that...

http://finance.yahoo.com/q?s=SPY Day's range is listed as 85.36 low, but click on the 1 day chart at lowest is 88.81

"Treasury officials are worried that if a financial firm teetered, they have no funds left to support such a company. " http://www.foxnews.com/politics/2008/12/16/paulson-says-major-financial-institutions-stabilied/ Tuesday, December 16, 2008 "Treasury Secretary Henry Paulson says he...

State documents show CDR was paid a total of $1.48 million in 2004 and 2005 for its work on a transportation program. CDR and its CEO, David Rubin, have contributed at least $110,000 to three political committees formed by Richardson, according to an AP review of campaign finance records...

"Difficult" does not equal "Impossible". Wow - who knew that being Treasury Sec would be a tough job. Maybe too difficult for Paulson? They are still worried about getting margin calls (which these well-run financial institutions have been getting these days), so why use the money?

It is true that the volatility has been helpful. But calling Cox a cop is a bit far. More like, he's impersonating a cop...

I think you mean Dennis Kozlowski of Tyco. He threw his wife a birthday party on Sardinia (Roman Togas) and pawned half of the cost off onto the company - among other things. Not surprising his wife filed for divorce once he was jailed and unable to provide the lifestyle to which she had...

Buying bottoms and tops?

Something for me isn't adding up in the way Madoff is behaving. Allegedly he admitted that he defrauded his clients. Presumably his sons turned him in. But - he is trying to stay out on bail (that he gets to make bail while recent stories of smaller frauds land the accused in jail without...

Plenty to the child that would otherwise have had nothing. Best wishes for the holidays.

http://www.cnn.com/2008/POLITICS/12/22/rediker.bonus/index.html Not a bad idea. Kind of like eating your own cooking.

Depends on what the definition of "do" is.

Things like sports deals were signed before the meltdown that they did not see coming. They are legally bound to fulfill those contracts.

http://dictionary.reference.com/dic?q=responsible&search=search

This is like Cox saying the SEC has "high standards" during his press conference. He doesn't say what he is comparing it to though, so it could be a dung beetle on a steamy, stinking pile...

I think Paulson wants the 2nd half of the TARP funds. At this point, the fundamental question is: Has he handled the 1st half responsibly enough to give him the 2nd half? Easy "Yes" or "No" answer.

He may have been frightened, but he shouldn't have been surprised - not when he was CEO of GS during the go-go years...

http://finance.yahoo.com/news/Whered-the-bailout-money-go-apf-13890568.html "WASHINGTON (AP) -- It's something any bank would demand to know before handing out a loan: Where's the money going?" Maybe if they give them the 2nd $350B they'll say. Maybe not.