With a new SEC Chairman one would think the mavens on Wall Street are living an ethical life.
This weeks news read like a Bill Clinton/Jesse Jackson book on morality. This pathetic Morgan Stanley debacle in giving some untested "superstar" 32 million bucks for 100 days of work sounded like the kind of job i just may be interested in. Or Bear Stearns ponying up a couple HUNDRED million without admitting or denying any wrongdoing. Geez, i thought shareholders were finished getting banged.
Just ask Bernie Ebbers about banging shareholders. If he had been innocent he would have taken the stand and cried to the heavens when the verdict was announced. Bernie of WorldComm conned the world.
The Wall Street Journal Editorial Board had it right on Karl Rove.
And you think your financial consultant/stockbroker/salesman is more interested in your outcome than in his/her income?
The beat goes on.
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