Corporate socialism thrives.
The industry’s bonuses are larger than the gross domestic products of Sri Lanka, Lebanon or Bulgaria. The average $201,500 bonus is more than four times the $48,201 median household income in the U.S. last year, according to U.S. Census Bureau statistics.
The size of the payouts is a concern given how badly the shares of most securities firms have performed this year, said Fitzpatrick of Johnson Asset Management.
“They’re paid very handsomely in good times because they’re supposed to take a hit in bad times,” Fitzpatrick said. “Performance has dwindled this year, and I think they should feel that.”
It’s like living in a police state. No, wait, check that. It is a police state.
Dr B is alleged to have used, in his academic publications, “phrases and key words” also used by a militant group, among them “inequality” and “gentrification”. The police found it suspicious that meetings occurred with German activists in which the sociologists did not bring their mobile phones; the police deemed this a sign of “conspiratorial behaviour”.
Thank fuck this in Germany. Thiscould never happen here.
He said all the usual and expected things, focused on menial or obvious issues, delivered minimum entertainment value because his sense of humor was missing in action. He caused radios to be turned off or tuned away after the (at least entertaining) John and Ken program finished. The remarkable thing was that it was surprising to learn he was still on the air after four (4!) years. He lacked one iota of orginal insight, enlightened nobody, invented nothing.
I suppose KFI could fill the slot with Rush Limbaugh or Sean Hannity reruns, and nobody would notice for at least a month.