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From nakedcapitalism:
The New York Times, writing from the industry town, tells us “Wall Street’s Pay Is Expected to Plummet,” tries to make the case that the calls for scalps deeper pay cuts are overdone:
The first clues are emerging that Wall Street pay will plummet this year — but perhaps not enough to satisfy the financial [...]
Yet again from Yves at Naked Capitalism:
The oil bulls will take offense at Hussman’s contention that high oil prices will break, and probably break pretty seriously. Note we think high oil prices would be desirable if phased in over several years via a carbon tax to discourage use, but as everyone know from direct experience, [...]
In my opinion, one of the best investors of our time is Peter Drucker. If you have never heard of this man, you are missing out.
Drucker has held his own legend in the sphere of executive management [almost every MBA student and CEO has heard of this man]. Accordingly, he is the father of [...]
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