Musings On Tuesday

Conan gets $40 million for failing. Actually that isn't true. He's getting paid because his boss messed up and in order to cover it up the boss is using shareholder money to hush Conan from badmouthing him and the network. In the real world we call that blackmail.

Lady Kraft gets her candy. Spending shareholder money on Cadbury, a business that may not increase shareholder equity but will certainly cost them time to intergrate and lots of money. Historically acquisitions have failed to impress. Expect Warren Buffet to unload shares to express his ire.

Money experts post their 2010 predictions and point to their 2009 forecasts as proof of their genius.

I wonder what Ronald Reagan would have done if bankers and Wall Street acted like spoiled children and demanded their bonuses? Can you say, 'air traffic controller?;