31/01/2009

Information asymmetry

«If that isn't enough to get you in a gloomy mood, there is word that Wall Street companies paid out more than $18 billion in bonuses for 2008 to those masters of the universe that did more than any other group to drive the country's economy into the ditch. What is this? A youth soccer league where everybody gets a trophy?»
[MarketWatch e-Newsletter, WEEKLY ROUNDUP - JANUARY 30, 2009]

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