One of the most asinine comments I heard today and trust me, I heard a ton, was the comment from our new President that Wall Street must show great discipline in paying themselves exorbitant bonus's.
Hey, this is America. Let management pay them whatever they want, apparently they MADE the money why not PAY them the money. Since when do we have government officials dictating Wall Street pay?
If any company gets federal bail-out money then that is a different horse of a different color.
Outside of that let compensation reign.
That's capitalism.
CEO & Partner, Parisian Family Office. Began Wall Street career in 1982. Founded investment firm, Native American Advisors, 1995. White Earth Chippewa, Tribal Member. Raised on reservations. Conservative. NYSE/FINRA arbitrator. Pureblood, clot-shot free. In a world elevated on a tech-driven dopamine binge, he trades from Ghost Ranch on the Yellowstone River in MT, TN farm, Pamelot or CASA TULE', their winter camp in Los Cabos, Mexico. Always been, and will always be, an optimist.
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