Monday, March 17, 2008

Too much bridge playing at Bear's den

And there were complaints.

Take a deep breath and read this in the WSJ about the executive level at Bear Stearns.

And then there's this one reporting that in 2005 Bear Stearns gave out bonuses of $2.6 billion, or roughly 10 times what the whole company went for in the weekend fire sale.

Anyone for reasonable regulation of this "industry?"

Thanks to SusanG at DailyKos for rounding up these tips.

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