Jesse's Café Américain

"The more power a government has the more it can act arbitrarily according to the whims and desires of the elite, and the more it will make war on others and murder its foreign and domestic subjects. Power will achieve its murderous potential. It simply waits for an excuse, an event of some sort, an assassination, a massacre in a neighboring country, an attempted coup, a famine, or a natural disaster, to justify the beginning of murder en masse."
R. J. Rummel, Mass Murder and Genocide, 1994

Showing posts with label Thain. Show all posts
Showing posts with label Thain. Show all posts
23 January 2009

Merrill Lynch Execs Paid Themselves $15 Billion on $21.5 Billion in Losses in 2008

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No wonder John Thain was sacked. On the surface it appears that he and his management were 'hiding' or at best unaware of enormous l...
22 January 2009

John Thain: Sacked! or Sach'd?

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As reported earlier by Yves Smith at Naked Capitalism, it has recently been revealed that Merrill Lynch and John Thain accelerated the payme...

Merrill Lynch: Infamia!

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Apologies for the lapse into Italian, but it is a remnant of my childhood. My father had a remarkable talent for expressing strong emotion ...
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