Wednesday, November 12, 2008
Obscene Wall Street pay
If there was ever any question in your mind as to how ridiculously overvalued Wall Street was, and how its compensation structure was beyond obscene, just look at the useless flailings of our vaunted Treasury Secretary. He made hundreds of millions as a Master of the Universe at Goldman, but is clueless on helping save the economy. Worse...his ineptness is rapidly destroying it.