I read a report on Reuters highlighting the executive pay for companies like JP Morgan, Bank of China, ICBC, and others. Executive pay in the US seems excessive. Tell me what you think? Here's a link to the report: Study shows U.S. bank CEO pay dwarfs rest of world Copyright 2009 by fartingcamel.com
Have you ever asked, “What happened to the great empires of the past?” Take for example the empires built by Alexandra the Great, the great Mongols, the Romans, or the Ottoman Empire built by the Turks? Why do I cite these historical empires? Perhaps we can learn something from history. What you...
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A friend of mine asks me a question yesterday and it got me thinking. You see, she has been putting money away in a savings account at the bank for years. This was her retirement plan. While most of us agree this should constitute a very conservative and safe method. After all our deposits at...
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We all know a story or two about a person who started a business with very little money and in a short time became rich – the envied of the community. Few stories can compare to the likes of Michael Dell and Bill Gates. My own inspiration was Warren Buffett. Besides the success and famed...
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The economic stimulus as proposed by President Obama has passed both the House and Senate last Friday. He will soon sign it into law. The big question is will it work? That is, will it create jobs and get consumers back buying material things? My view is that in concept and in theory it should...
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