Monday, October 6, 2008

Richard Fund gets 300 million for sucking. More evidence bailouts don't work.

Great. So bailouts don't work. At least it's really expensive long term and looks like it won't be working short term. Good luck to whoever assumes the Oval Office next....

In related news, I welcome any large company to pay me 300-400 million for sucking, like Richard S. Fuld Jr., chief executive officer of Lehman Brothers.

No comments: