The Ways of Washington

As I write this, I’m listening to the President’s weekly address. He says we will get new teachers in math and science,  modernize  healthcare systems, construct a new electronic grid,  rebuild our crumbling roads.  All of this creates 3mm new jobs,  He also outlined his commitment to transparency with this incredibly engaging idea of recovery.gov.  [...]

Comp Change Means Mgmt Change on Wall Street

500k and restricted stock that vests only when the government has been repaid.  Wow.
My predictions:
1.  Goodbye to  Wall Street Executive who can afford to retire.  It will not be fun or rewarding and they will reinvent or play golf.
2.  Young Guns with lots of energy and significantly less experience will rise to prominence.
3.  Clever lawyers [...]

Obama, Daschle, and Apology

I’ve made no secret of my support of Barack Obama, but I also posted last week about my axiety about misallocated stimulus.  Policy matters we can debate, but I hope all of you realize how impressive it is that Barack Obama has apologized for nominating former Senate Majority Leader Tom Daschle to be his secretary [...]