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Thinking About The Future

by Flexo

Most of my investing is for the future — the far future. While I can’t predict what the future will bring, other people have some good ideas. Take global warming for instance. Sure, there’s a lot of political disagreement about the science, but all sides agree the Earth’s climate is changing regardless of the causes. ... Continue reading this article…

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News Everywhere

by Flexo

There are many notable news stories today. Here’s a look: * Bank of New York confesses to money laundering and will pay $38 million to avoid prosecution. They probably made billions of dollars during the 1990s in their schemes involving Russia. As my coworker pointed out, that’s not such a bad return. * The car ... Continue reading this article…

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Outrageous CEO Compensation

by Flexo

We’ve all heard the reasons (sometimes excuses) for the fact that many CEOs are compensated orders of magnitude higher than the working class or middle management. Perhaps sometimes the justifications have merit. How about when corporate profitability or performance has plunged under a CEO’s guidance? Here is MSN Money’s list of the most outrageous offenders: ... Continue reading this article…

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The Great (Class) Divide

by Flexo

Big Media CEOs get paid to stay at home. Media companies will pay their chief officers big bucks on top of their salaries to keep second homes for business. The numbers in that article are staggering, but not unexpected. This quote by Paul Hodgson from The Corporate Library mimics my sentiment exactly: “The very idea ... Continue reading this article…

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Salary Increase Disparity

by Flexo

News item from CNN/Money: CEO pay rose, worker wages fell. The disparity not only makes it tougher for workers to make ends meet, analysts said, but also threatens the overall health of the economy, which depends on consumer spending for two-thirds of its strength. Costs of the basic living necessities, like food and gas for ... Continue reading this article…

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