Sunday, December 30, 2007

Failure Pays

Failed CEOs did well in 2007, 2008 looks promising - AMERICAblog: A great nation deserves the truth

"Considering the failures in the banking and real estate sectors, 2008 might cough up a few more lottery-like payouts. What stands out is the effort to spin away the massive numbers and distance them from the word "severance." Call it whatever you want, but when someone such as Nardelli of Home Depot walks away with $209 million after being a failure is amazing. Absolutely amazing..."

And Bill Kristol gets a gig at the NYT for being wrong about everything.

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