Friday, March 28, 2008

Fleeing A Sinking Ship

Bear Stearns Chairman James Cayne sold his entire stake in the company the other day. He made $61.3 million by selling all of his stock in the company. At one time his shares were worth one billion. I have no sympathy for him. He is partly responsible for the collapse of Bear Stearns and the economic mess we now are in, and he still gets sixty-one million dollars.

If there is a federal law for a minimum wage, why is there no federal law for a maximum wage?

0 comments - Post a comment :

Post a Comment