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Archive for November 26th, 2008

Obama Still Doesn’t Get Economics

Get this…
No bonus for Wall St execs
PRESIDENT-ELECT Barack Obama has chastised US auto executives for being ‘tone deaf’ for flying on corporate jets to Washington to beg for bailout money, and said he believed bank executives should forgo their end-of-year bonuses.

Bank executives forgoing bonuses is ‘an example of taking responsibility,’ Mr Obama said.
‘If you are [...]