Recent Blog Posts
-
Fannie Mae Losses Continue
Nov 06 20096:04 am EDT -
Insider-Trading Case Grows with Arrests
Nov 05 20093:46 pm EDT -
Crisis? What Financial Crisis?
Nov 05 200911:44 am EDT -
Harley Narrows Plant Options
Nov 05 20096:26 am EDT -
Mad Chrysler Men
Nov 04 20096:21 pm EDT
Piñatas in Pinstripes
Congress wasn't alone in beating up on Wall Street bigwigs yesterday. From Jay Leno on the Tonight Show last night:
"Richard Fuld, the former C.E.O. of Lehman Brothers, grilled by Congress today. And they ... made him explain why he took $480 million in compensation when he knew some shareholders would lose their life savings. Yeah. Turns out, he had a good reason. Apparently, he is a greedy bastard."
Ouch!
Source: Frontrunner
Also on Portfolio.com:
- In Defense of Mark-to-Market Accounting
- The Duplicitous Sheila Bair
- Capital Index: Buy Bernanke, Sell Iceland
- Credit Crunched: A Special Report on Wall Street Chaos






