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Buy Banknifty Futures Around

Discussion in 'Forex Daily News & Outlook' started by honeyks, Aug 4, 2010.

  1. honeyks

    honeyks New Member

    Feb 26, 2010
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  2. wringle

    wringle New Member

    Oct 1, 2010
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    Fomenting Financial Disasters
    When Uncle Sam Sets Wages and Prices, Expect Trouble

    Kenneth R. Feinberg, the Obama administration's "pay czar," has no clue about how to run a business. And why would he? His professional background is not in business, but as a liberal trial lawyer. His career includes such relevant experience as placing valuations on the Kennedy assassination's Zapruder film and on the lives of those killed in the Sept. 11 ********* attacks.

    Nothing in his background seems to make him qualified to determine how much firms should compensate executives. But even an extensive business background wouldn't mean that he should set corporate salaries. He has no economic incentive to pick the right salaries. Perhaps he pays a price if the political consequences go south, but not if he simply damages the companies that have fallen under his thumb.
    #2 wringle, Oct 13, 2010
    Last edited by a moderator: Nov 12, 2010

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