Monday, March 19, 2012

«All animals are equal, but some animals are more equal than others»

Prudential CEO Can Get Performance Award While Missing Target

By Andrew Frye
March 19 (Bloomberg) -- Prudential Financial Inc. Chief Executive Officer John Strangfeld, who told investors to expect return on equity of at least 13 percent next year, can miss that goal and still qualify for his performance share awards...

Wire: BLOOMBERG News (BN) Date: Mar 19 2012 15:11:42

Monday, March 12, 2012

State Capitalism at it's best

«The richest 70 members of China’s legislature added more to their wealth last year than the combined net worth of all 535 members of the U.S. Congress, the president, his cabinet, and the entire Supreme Court.»

(by Michael Forsythe)

Source: http://www.businessweek.com/articles/2012-03-01/the-chinese-communist-partys-capitalist-elite