Saturday, May 23, 2009

The Orgy Must Go On

May 23 (Bloomberg) -- Morgan Stanley, the sixth-biggest U.S. bank by assets, will increase some executive salaries and double Chief Financial Officer Colm Kelleher’s pay as bonuses come under scrutiny from the Obama administration and lawmakers.

The majority of executives will get raises, according to a person briefed on the decision...

5 comments:

  1. Why not? They have the peoples money already, have a party.  If all else fails show how it was amassed by laying off lower rung executives. Who knows any different, no books were opened for scrutiny. So, the public can now just enjoy the ass reaming.

    ReplyDelete
  2. Moy
    Usted está haciendo un <span style="">trabajo <span style="">excelente amigo.</span></span>

    ReplyDelete
  3. Moy, Morgan Stanley plans to repay the TARP money ASAP and then increase bonuses for their employees. So are many other banks (Goldman, JP Morgan Chase, Wells Fargo)

    ReplyDelete
  4. Good old Anand, AKA Dr. Pangloss, defending the indefensible.

    ReplyDelete