Sticking Point?
Source: http://randomroger.blogspot.com/2008/09/sticking-point.htmlPosted on Sunday, September 21st, 2008 | In Market Commentary
Contributed by: Roger Nusbaum (http://randomroger.blogspot.com) -
Question;
Regardless of what anyone thinks of bailouts it is clear that holding up the bailout at this point would be immediately bad for markets (markets may very well go down a lot anyway).
The dems seem more focused than republicans (my perception of what I have read and seen) on the issue of CEO golden parachutes. While the idea that CEOs of failed companies should not get a seven or eight figure check on the way out the door is very logical should it hold up the bailout?
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 About Roger Nusbaum (http://randomroger.blogspot.com)
Roger Nusbaum is a portfolio manager with Your Source Financial of Phoenix, and the author of Random Roger's Big Picture Blog, which has been profiled in several top business publications, including Barron's and Forbes. Nusbaum has also been a financial consultant with Morgan Stanley, an investment counselor with Fisher Investments and an institutional equities and options trader with Charles Schwab. He holds a bachelor's degree in economics from San Diego State University |
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