Lew is the boss. He most probably picked him.![]()
Right. It just seems to me that if there is considerable controversy Lew should set things straight. I don't really know how controversial this is though.
Lew is the boss. He most probably picked him.![]()
For me, it's not. I'll go with Lew until I have some valid reasons not to.Right. It just seems to me that if there is considerable controversy Lew should set things straight. I don't really know how controversial this is though.
No, it was about an incident that happened before this time, probably decades ago. Lew was recounting what Rothbard had said at one time about Citigroup.Those bankers should have never received those bonuses. They money they received was from the bailouts. French was fired before the bailouts. What else, oh, how big was French's bonus?
No, it was about an incident that happened before this time, probably decades ago. Lew was recounting what Rothbard had said at one time about Citigroup.
A word from Lew about all this would be great...
There was just a CNN special on Doug French and the collapse of Silver State Bank.
Just go back and listen to the podcast if you have to. Lew was talking about an incident where the new CEO of Citigroup was getting a bigger bonus even though the firm wasn't doing that great at the time, and this is before the bailouts had happened mind you, so the comparison to Doug French and Silver State fits IMO. Comprende?Please clarify.
Just go back and listen to the podcast if you have to. Lew was talking about an incident where the new CEO of Citigroup was getting a bigger bonus even though the firm wasn't doing that great at the time, and this is before the bailouts had happened mind you, so the comparison to Doug French and Silver State fits IMO. Comprende?
Know of any link to it on the internetz?
I just find it ironic that Lew was complaining about that, at least it seemed to me he was complaining about it, maybe he wasn't, and yet the VP of the Mises Institute is Doug French.Well, in that case, so what if French got a bonus? If if the board of directors is giving out bonuses to executives who do not deserve them, then the shareholders can deal with that.