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2008-09-16 Home Front Economy

IMF boss predicts world financial sector will shrink

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Posted by Fred 2008-09-16 00:00|| || Front Page|| [3 views ] Top

#1 This guy is a genius! I bet his nick name around the IMF water cooler is Captain Obvious.

Posted by Scott R 2008-09-16 00:29|| 2008-09-16 00:29|| Front Page Top

#2 What a genius.

Posted by Mike N. 2008-09-16 00:32|| 2008-09-16 00:32|| Front Page Top

#3 That's why DSK gets the big ~~euros bribes baksheesh~~ bucks.

Posted by Alaska Paul in Glennallen, AK 2008-09-16 01:19|| 2008-09-16 01:19|| Front Page Top

#4
Mel Brooks answers ringing telephone: "Hello?"
::Listens::

MB: "You don't say."
::Listens::

MB: "You don't say."
::Listens::

MB: "You don't say!"
::Hangs up::

Greek chorus: "Who was it?"
MB: "He didn't say."

Phone rings again: "Hello?"
::Listens::

MB: "You don't say."
::Listens::

MB: "You don't say."
::Listens::

MB: "You don't say!"
::Hangs up::

GC: "Who was it?"
MB: "Same guy!"

Posted by Seafarious 2008-09-16 01:49|| 2008-09-16 01:49|| Front Page Top

#5 IMF boss predicts world financial sector will shrink

It probably should. Get rid of those who lack self-control.

Posted by gorb 2008-09-16 06:15|| 2008-09-16 06:15|| Front Page Top

#6 Geez, might be a good idea...

NEW YORK (AP) -- Lehman Brothers Inc. Chairman and Chief Executive Richard Fuld received compensation valued at $22.1 million in 2007, a year in which the company weathered the subprime mortgage collapse better than its rivals.

Ummmmmmmm...not quite.

Of the total, Lehman (LEH, Fortune 500) noted that $7.5 million in stock awards granted during fiscal 2007 are considered compensation for fiscal 2006, according to the Securities and Exchange Commission filing. That reduces his adjusted compensation for the year to about $14.6 million. The filing said Fuld received an additional $9.4 million in stock awards on the same day as part of his fiscal 2007 compensation.

Wonder if he cashed out before the shit hit the fan? Wait. What am I saying...

In addition, the CEO was awarded $750,000 in salary and a performance related bonus of roughly $4.3 million. Other compensation totaled $153,169. Lehman said it does not generally offer special perquisites or other personal benefits to executives.

What? Other then him?

Posted by tu3031 2008-09-16 11:25|| 2008-09-16 11:25|| Front Page Top

#7 RE#4: Also done by Spike Jones, circa 1959

Posted by USN, Ret. 2008-09-16 13:24|| 2008-09-16 13:24|| Front Page Top

#8 Re #7, Also done by the Marx Brothers with Chico doing the phone work.

Posted by Deacon Blues">Deacon Blues 2008-09-16 20:56|| 2008-09-16 20:56|| Front Page Top

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