Jesse's Café Américain

"Senators disturb us by reminding us of the possibility of large numbers swarming from China; but the answer to all this is obvious and very simple. If the Chinese come here, they will come for citizenship or merely for labor. If they come for citizenship, then in this desire do they give a pledge of loyalty to our institutions; and where is the peril in such vows? They are peaceful and industrious; how can their citizenship be the occasion of solicitude?"
Senator Charles Sumner, 1870

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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