jackjumper's Comments

Given that one of the big problems is that banks were overleveraged, they probabably are still holding up money until their leverage situation improves. Adding cash does improve their leverage, but I'm think it's still got a ways to go.

And don't read Atlas Shrugs. The idea of the heroic CEO is silly. CEOs - especially of very large companies - are generally a bunch of highly competitive sociopaths who would sell their mothers for an advantage. They are generally actually selected for those characteristics.
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"On average, Detroit union auto workers earn about $75 per hour (salary and benefits)"

This isn't actually true ($75/hr would be $167,000 yearly gross salary!)

See here: http://www.tnr.com/politics/story.html?id=1026e955-541c-4aa6-bcf2-56dfc3323682
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  • Member Since 2012/08/09


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