https://clevershark.com Bits and rants from Tony Emond Thu, 22 Jan 2009 18:43:21 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 127613282 https://clevershark.com/2009/01/talk-about-fiddling-while-rome-burned/?utm_source=rss&utm_medium=rss&utm_campaign=talk-about-fiddling-while-rome-burned https://clevershark.com/2009/01/talk-about-fiddling-while-rome-burned/#comments Thu, 22 Jan 2009 18:43:21 +0000 http://clevershark.com/?p=1880 Continue reading Talk about fiddling while Rome burned!]]> Bank of America executives have recently expressed shock at the bad state of recent acquisition Merrill Lynch. Maybe they would not be so surprised if they had considered Lynch CEO John Thain’s $1.22M renovation bill for his office last year, which featured an $87,000 rug and $15,000 sofa — even as he cut expenses for others and laid off staff. After all, the CEO sets the tone for the rest of company, right?

]]> https://clevershark.com/2009/01/talk-about-fiddling-while-rome-burned/feed/ 4 1880 https://clevershark.com/2008/09/i-guess-im-not-alone-in-thinking-this/?utm_source=rss&utm_medium=rss&utm_campaign=i-guess-im-not-alone-in-thinking-this https://clevershark.com/2008/09/i-guess-im-not-alone-in-thinking-this/#comments Thu, 25 Sep 2008 04:29:42 +0000 http://clevershark.com/?p=1831 Here’s an interview excerpt (with context) from Bert Ely, a credentialed American banking expert, who shares my (and Denninger’s) opinion that Paulson’s mega-bailout just isn’t necessary.

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