JPMorgan’s Christmas Gift to the Rich and the (Relatively) Poor
They're lifting the salary freeze on employees, just in time for bonus season.
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They're lifting the salary freeze on employees, just in time for bonus season.
The Bank of America CEO was being hounded by his mother, for one.
This makes us feel less bad about CEO Ken Lewis getting no pay this year.
And that's the least of what she's willing to do.
Citi is becoming a "bank of the future" by catering to folks just like us.
The paper of record will see Taibbi's "great vampire squid wrapped around the face of humanity" and raise him an orc.
Which is going to be tough for some, who have spent the last year convincing people of precisely the opposite.
Even accounting for the worst possible scenarios, most of the nineteen financial institutions analyzed by the government seem to be capitalized well enough to survive.
The administration has a confusing new plan for the bailout funds.
"Before we douse her with more champagne, put her on TV with Charlie Rose and hand over the keys to the Treasury Department, it might be worth taking another look at what really happened."
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