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| IMF boss predicts world financial sector will shrink |
| 2008-09-16 |
| Dominique Strauss-Kahn, the head of the International Monetary Fund, said on Monday he expected the global financial sector to shrink as a result of the international credit crisis. "The financial sector, not only in the US but also in the rest of the world, will be at the end of the crisis smaller than the financial sector today," the IMF's managing director told reporters in Cairo. |
| Posted by:Fred |
| #8 Re #7, Also done by the Marx Brothers with Chico doing the phone work. |
| Posted by: Deacon Blues 2008-09-16 20:56 |
| #7 RE#4: Also done by Spike Jones, circa 1959 |
| Posted by: USN, Ret. 2008-09-16 13:24 |
| #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 |
| #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 |
| #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 |
| #3 That's why DSK gets the big |
| Posted by: Alaska Paul in Glennallen, AK 2008-09-16 01:19 |
| #2 What a genius. |
| Posted by: Mike N. 2008-09-16 00:32 |
| #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 |