Developing Affordable Housing Ecosystems World Wide
By:David A. Smith Time for you to reform too, padre Too soon old, too late smart – is that how it runs? Or was it a case of being smart but helpless, feeling under pressure to pay huge bonuses in cash based on non-cash estimates of earnings? Before the crisis, Wall [...]
By: David A. Smith [Continued from yesterday's Part 1.] Yesterday’s post opened the topic of compensating investment bankers and a fortiori investment banks as well, taking as initial text Steven Brill’s New York Times profile of TARP paymaster Kenneth Feinberg. Put up your dukes, Feinberg! Brill is full of admiration for [...]
By: David A. Smith With the economy in the tank and banks (including the Federal Reserve) making record profits, populist ire has settled on the bankers themselves. Were you paid a great deal of money? Yes, we … uh … Guilty! Until proven innocent! Deservedly so? That question is implicit in [...]
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