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http://finance.yahoo.com/career-work/article/106556/Greed-Is-Good "But no Wall Street CEO taking federal money received a bonus in 2008, and the same was true for most of their senior colleagues." I don't think it's the 2008 bonuses that are such a big deal. It's more like the bonuses...

The New Wall Street is now Washington DC where the real $ deals are made. The public is griping because they see TARP money as welfare money, and bonuses paid in banks that are insolvent as welfare checks under a different name. Of course, those receiving it don't see it that way. And...

Low of 2/5/09 should be 82.12, not 77.73 Yahoo, BigCharts, StockCharts, whatever... Happened another time relatively recently.

Didn't Congress look into the firing of SEC investigator Gary Aguirre on that Pequot insider trading thing? Don't recall if they ever got an answer on that one, but it looks like the SEC behavior is chronic.

Any financial institution that is "too big to fail" becomes the entire system's weakest link, making the whole financial structure subject to collapse. They got to fix that or anything they do is going to just go bust later.

Change jobs. Then the talent goes to the strong companies and makes them stronger while the poorly performing companies fail. That's called Capitalism.

When the parent company is insolvent, you're entitled to...bupkis.

At least they are calling it what it is - Fraud. And they should go after them with RICO. But how high up does it go? I'm thinking it may end up with some very famous, well-known names.

Watched her on Meet The Press. Not sure what she was saying - that a "superstar" in a Wall Street company that is effectively bankrupt is owed money for his performance? If the company is bankrupt, it is bankrupt - he should talk to his boss if he is unhappy with no bonus. If the boss...

McConnell made the point that the Republican Party is not saddled with Bush anymore - but to me, that is just an attempt to distract from the fact that he and Boehner suffer from the same malady - pointing at the other guy hoping no one points at you. If they were really thinking of the GOP they...

http://www.ft.com/cms/s/0/6a0a313c-ef04-11dd-bbb5-0000779fd2ac.html?referrer_id=yahoofinance&ft_ref=yahoo1&segid=03058&nclick_check=1 "The bail-outs of Citigroup and Bank of America could distort the market if the US lenders succumb to political pressure when making lending decisions, a...

Partly. As an aside, I do not think Boehner/McConnell can lead the charge anyway. They were present with the past profligate spending, even prior to the Bush/Paulson bailout. There is too much baggage there and not enough legitimacy to do a good job. They cannot be suddenly fiscally...

I don't think the "stimulus package" will do much, if anything, to help the economy. But if I were a Republican strategist, I would be very careful here. And it has nothing to do with Obama's "popularity". It's starting to become very evident how well Obama is playing this game.

Maybe they should have been paid their bonuses in CDO/CMO's. That way it gets the toxic paper off the company's books and the guys who were selling the product can own it.

A Recession is when CitiGroup has to give up their jet. A Depression is when you have to give up yours. :)

Since it all boils down to politics, I noticed how Obama got the CEO's of IBM and Honeywell to stand with him. He is co-oping the Republican label of being "the party of business".

I'm unconvinced that the spending package will actually do anything to affect the economy until the natural cycle of boom/bust/boom comes around. The only chance that Republicans have of looking good in this is if the recovery cycle fails, so they are betting against eventual recovery. The...

When you get the mega-bucks, who cares about shareholders? You get yours as long as you are there, and if you have to take one for the Board of Directors team, they make sure to take care of you with a platinum parachute. The CEO is going to be the sacrificial lamb the B of D's hide behind...

This is true. So that means at minimum the guys at the top and the board of d's should be purged.

Buffett didn't really want a jet. He named it "The Indefensible" as a swipe that it is not justifiable to own it in his view. Also - Carl Levin is the one grousing about the Citi jet. He is making a point of the different treatment of the auto companies vs the banks. Sen Dodd is...