Jul 10 2009
Abuses of power?
What is the word for when you use your power to gain and advantage?
- Everyone abuses the stockmarket, but they just wanted to get Martha Stewart becuase they didn’t like her.
- Enron could change supply of power to gain more money, so they did.
- You don’t want the whole company drug tested, becuse you only [...]
Jul 9 2009
Are banking CEO’s paid so much because they have connections and skills of driving up stock prices?
It is not about profitability and normal expectations, but it is about manipulating a entity like AIG or BOA to get higher stock prices. They are able to use connections in many area, like the media and the Fed, to gain favorable ratings and manipulate the stock market. That is the essential problem, however. Enron [...]
