By Brad on Dec 8, 2008 in America, Corporate America, Economy, Outrageous, Things That Make You Shake Your Head, WTF | comments(0)
From CNNMoney.com:
New York Attorney General Andrew Cuomo said Monday that the $10 million bonus reportedly being considered for Merrill Lynch’s chief executive John Thain is “nothing less than shocking.”
In a strongly worded letter sent to members of Merrill’s board of directors, Cuomo points out that the brokerage reported losses for every quarter this year, and has lost more than $11 billion in 2008.
He added that Bank of America’s takeover of Merrill, which was formally approved by shareholders Friday, “seems to have been the only thing that saved Merrill from collapse.”
“Clearly, the performance of Merrill’s top executives throughout Merrill’s abysmal year in no way justifies significant bonuses for its top executives, including the CEO,” Cuomo said in the letter.
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It takes some really big balls to want a bonus after overseeing the collapse of a financial services giant during your brief tenure as its leader.
By Brad on Dec 5, 2008 in America, Congress, Interesting Stuff, Politics | comments(0)
An intriguing bit of news about the soon-to-be vacated junior Senator’s seat…
Another Senator Kennedy? The crazy speculation about Hillary Clinton’s Senate seat may not be so crazy after all. A Democrat who would know tells ABC News that New York governor David Paterson has talked to Caroline Kennedy about taking the seat, which was once held by her uncle, Robert F. Kennedy. It’s not exactly shocking that Paterson would reach out to one of the most highly respected public figures in New York, but this is: Sources say Kennedy is considering it, and has not ruled out coming to Washington to replace Hillary Clinton in the Senate.
By Brad on Feb 3, 2008 in SportsCenter | comments(1)
… and he’s a Giants fan!
“The Giants win the pennant!
The Giants win the pennant!
The Giants win the pennant!
The Giants win the pennant!”
I’ve never been a Giants fan as much as I was today. And to see them conquer the “perfect” Patriots was as sweet a Super Bowl victory as I’ve seen in a long time… and that includes my excitement at Peyton Manning’s win last year, John Elway’s wins a few years back and the Cowboys’ three wins in the 90s. Rarely have I rooted against a team as much as I have these Patriots and their arrogant leader Bill Belichick.
Ahhh… my hectic weekend has come to a super end! I missed the Super Bowl in high-def because my HDTV decided to go out a week ago Thursday and the repair guy won’t get here until tomorrow. So, I worked on stuff while watching the game on my low-def TV. But nothing can really diminish my happiness in the result.
I am now a Giants fan, a Coughlin fan and an Eli Manning fan. I still like my Cowboys, but the Giants were better than them this year and I tip my hat to them. Even better, they beat the team I like the least, those no-longer-perfect Patriots!
Woo hoo!!!