Thursday, November 20, 2008

"Fleeced"


Been reading a new book called, "Fleeced," by Dick Morris. I got it last night and read the intro and the first chapter. So far from my initial reading one question and a statement comes to mind:

NO ONE NEEDS OR SHOULD HAVE A $161 MILLION SALARY, AND

WHERE IS OUR GOVERNMENT?

The top 3 mortgage lenders' CEOs live extremely comfortably while those with mortgages are not!!!

Merril Lynch CEO, Stan O'Neal left his company with $161 million - AFTER the company's stock crashed by 80%

Citigroup CEO Charles Prince left iwth $68 million - after the company's value dropped by $64 BILLION!!

Countrywide CEO Angelo Mozilo pocketed more than $100 million - after the company's shares slumped from $45 to $5 a share.

Something is VERY wrong here.......YA THINK?

These men are CROOKS and should be in prison, but the government has let them go!!??

1 comments:

Gretchen said...

These salaries are the result of ignorant shareholders, greedy CEOs, a general culture of greed, and capitalism uninformed by morals. I think at this point the economic meltdown is the only thing that will fix the situation--that, or God.