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 19, 2012
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
(by Michael Forsythe)
Source: http://www.businessweek.com/articles/2012-03-01/the-chinese-communist-partys-capitalist-elite
Saturday, September 17, 2011
And at the end
«A complete life may be one ending in so full identification with the non-self that there is no self to die».
Bernard Berenson
Bernard Berenson
Friday, June 17, 2011
Disconnect between what we profess and what we do
«There seems to be a disconnect between our professed love of democracy and how we’re so willing to accept a dictatorship every day we show up for work»
(Michael Moore, Capitalism: A Love Story, 2009)
(Michael Moore, Capitalism: A Love Story, 2009)
Saturday, February 26, 2011
Fear of poverty
«The prevalent fear of poverty among the educated classes is the worst moral disease from which our civilization suffers.»
(William James)
(William James)
Thursday, August 5, 2010
Wednesday, July 14, 2010
What you can have for money
For money you can have everything it is said. - No that is not true. You can buy food, but not appetite; medicine, but not health; soft beds, but not sleep; knowledge but not intelligence; glitter, but not comfort; fun, but not pleasure; acquaintances, but not friendship; servants, but not faithfulness; grey hair, but not honour; quiet days, but not peace. The shell of all things you can get for money. But not the kernel. That cannot be had for money.
Arne Garborg
Arne Garborg
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