Making the Janitor’s Annual Salary . . . Every 3 Hours! The inimitable (and frequently bombastic) Barry Ritholtz, author of The Big Picture blog, has a great post today dissecting absurd CEO compensation titled “American Pastime: Overpaying CEO’s.” His piece basically picks up where my post last Thursday (“Parsing Occidental CEO Ray Irani’s ‘Excellent Performance'”)...Read More
On to Financial Reform! With Health Care now out of the way, we can get to what I consider to be the more important issue: Reforming Wall Street and the banking sector . . . Essentially, I am advocating a “Do Over.” Reverse the past 3 decades of radical deregulation. The alternative is an even...Read More
“Stop Stabbing Your Brother!!” “Whatever”OK, I got it from Barry Ritholtz’s blog — not my 10 year-old son (who started saying “whatever” at age 5: Examples: “Go to your room!” “Whatever.” “Stop stabbing your brother!!” “Whatever.”) So what is it? “YMMV” — as in, “your mileage may vary.” Use as appropriate — YMMV. P.S.: are...Read More
Misleading, Sensationalized Headlines Just days ago, Barry Ritholtz called out The Wall Street Journal for its (increasingly) misleading, out-of-context headlines. I just ran into another example yesterday on the otherwise credible RealClearMarkets.com, which aggregates the top 30 or so business-related print and blog pieces daily (mine have appeared more than a dozen times in the...Read More
Tweets, Grunters & Grimacers Every day, it seems like online communication is devolving into ever more succinct, real-time “bursts” of information. Other bloggers have noted this phenomenon as well: Perhaps [Twitter] is just the first step. The text-based Twitter will be replaced with an audio-based “Grunter.” Rather than spend a full 140 characters, you have...Read More
Barry Ritholtz Talk I’m in NY the next few days, mainly to serve as a chaperone to a few kids (at least they’re my own!). However, I did manage to break away to hear Barry Ritholtz, of The Big Picture blog (see, my Blog Roll) at a midtown Barnes & Noble. Or, more accurately, see...Read More
