Things That Really Burn My Pancakes.
1. AIG DOES IT TO US-- hard to believe AIG, who has asked for and received millions of taxpayer dollars for their mess up, is now going to use $450,000,000 to give bonuses to their top people, many in the division that made the questionable loans. Most will receive over a million apiece. Pretty good deal for messing up the US like that. Unbelievable!! The unmitigated gall of them!!!
2. BANK OF AMERICA'S CEO-- The former Merrill-Lynch CEO (excuse me, didn't they mess up too) was forced from his job at Bank of America, after showing a $15.3 BILLION loss and wants another $20 billion from the government. He gave out BONUSES to Merrill employees days before the merger.
When he was hired by Merrill Lynch in December 2007, he received a $15 million signing bonus on top of his $750,000 annual salary.
He replaced another CEO who messed up the company and received a severance package of $160 million. These guys are really something else. When will the government wise up to the problem with American business?
3. POOR NEWSPAPERS-- Phil Rosenthal had a column in the Jan. 16th Chicago Tribune about the sad shape of American newspapers. Much of the problem is because of the internet. Most newspapers are really losing money big time. Layoffs and cuts are the order of the day.
It doesn't look good. I sure would hate to lose my daily newspaper fix.
Don't Look Back, They May Be Gaining. --RoadDog
Being an account of some things I'm interested in, what I'm doing, and reflections on my past, especially music.
Listen to this man. Seven years of college, you know. Trying to reason with 2020 and, now, 2022.
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