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Old 09-26-2008, 04:14 PM   #61
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Originally Posted by samclem View Post
Might as well tune in Rush Limbaugh to find out if Obama helped in the negotiations . . .
Saw that coming. You're right, the NYT = Rush Limbaugh.
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Old 09-26-2008, 06:07 PM   #62
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If anything, it would have been hastily done at the urging of the administration to put a sense of urgency on Congress.
That is what I meant. Sorry. But it's probably just baseless suspiciousness on my part.
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Old 09-26-2008, 09:40 PM   #63
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Better fasten your seat belts when the markets open tomorrow...
Markets pretty flat until the last hour.
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Old 09-27-2008, 05:14 AM   #64
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It is sad. Both parties are jockeying for positions of self interest.

I hope they get something going... mainly because of the fear that has been generated by the dooms-day message that was put out.

I am 100% in favor of oversight and sweeping regulatory changes that would remove CEO and top tier officers' compensation from the boards hands. It should take a shareholder vote on their compensation package. The board can only recommend. The shareholder vote would need allow shareholder to change compensation on a yearly basis.

Unfortunately stock options have led to Officer and Board incentives to take risk to increase share price taking inordinate risk.
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