Goldman Eases Rules on When Restricted Shares May Be Sold

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Golden Parachute

It's disgraceful that it takes one of the worst financial meltdowns in a century to illicit such a no brainer decision. Imagine what the financial climate of America would be if a golden parachute was just a term for an off color T-10D paratrooper parachute.

MSNBC reports, another executive receives a Golden parachute.... and is seen flying down Water St to crash amidst the hustle bustle of South Ferry station. On a side note. executives receive competitive compensation for bonus season, record profits reinvested internally for projects meant to detect fraudulent investor activities, problem found, averted. Said company makes less money but still records extensive profit margin . The bubble doesn't break, the world is ok and the majority of the world retires when they're 65 not when they die.

Yeah, Yeah I know... wishful thinking.

Thanks for the info Ms. Castro.

karl of VA @ Jan 16, 2009 15:53:21 PM

They lived high on my 401k

bastards

of OH @ Jan 15, 2009 15:38:43 PM

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Luxe Life

Luxury is no longer the sole province of the elite. Upscale goods and services now target a much broader market. Kimberly Castro, deputy business editor of U.S.News & World Report, takes a look at the luxe life, from fine wines and cars to high-end real estate and wealth management. Though no elitist, Kim does admit a fondness for a bold bottle of Scout's Honor from Venge Vineyards and satiating her wanderlust in Europe.

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