Dean Baker Doesn't Get It: $240k is the Efficient Market Price for a Director
Another big commie lie from the likes of Dean Baker who can't even recognize the marginal gains of paying Board of Director Cops on the Beat a fixed fee of $240k per year versus a per incident fee for...
View ArticleCorruption
Companies rip off workers and consumers, while feeding wars for oil and power. So, is it really such a surprise that they are also corrupt? - Ellis
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If what "Last Mover" wrote is not intended as satire, he's missed the point. Dean isn't necessarily saying that $240,000 is too much for a director to get. His point is that that's far too much to pay...
View ArticleChasing Morgan
With all the rampaging crime running through JPM, why did Morgenson focus solely on the whale? - Downpuppy
View ArticlePoe's Law
@ John Emerson FYI Last Mover is the Beat the Press blog court jester. ;) If Baker would just allow avatars, we would pressure Last Mover into using a picture of Danny Kaye. Anyhow... Most people...
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Are corporate managers and board members failing in their duty to shareholders? Not if you judge by the level of corporate profits, which are higher as a fraction of GDP than since WW I (and have been...
View Articlecorporate profits are roaring...good job boards!
I really don't see the issue. Most U.S. companies are doing quite fine thank you. JPMorgan made $21 Billion last year. Wow. What an awful board since they didnt make $28 Billion because of some goof....
View Articleskepto...I think corporations are state chartered, not U.S....
Might make a difference. E.g., Delaware is the home to many. - pete
View ArticleThat is why I bought some shares of IEP
Icahn Enterprises, L.P. (IEP). Icahn likes to fire highly paid management and replace them with people at lower pay. - Floccina
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@ skeptonomist Are you saying that getting rid of the headless-monster-as-person corporations, or just their personhoods, would stymie this problem of growth investing in bubbles being lucrative on...
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John Emerson, you must be new here! Last Mover keeps you guessing, but his snark is A-level. I look forward to Director Watch -- even if they're partnering with a blood-sucking corporation at huffpo. -...
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