Posts Tagged ‘Wall Street’

$1 Million Offices, New Corporate Jets and Other FreePassers on Wall Street

Wednesday, January 28th, 2009

Recent headlines hitting the news over the last several days indicate that the FreePasser epidemic is alive and well on Wall Street and in corporate America. However, the scale of some of these abuses amaze even me.
The $1 Million Office
CNBC reporter Charlie Gasparino reported that former Merrill Lynch CEO John Thain spent $1.2 million to redecorate [...]

The Wall Street FreePasser Problem: Accountability is Still the Answer!

Monday, January 19th, 2009

My initial entry on the FreePasser epidemic afflicting our society seems to have accomplished its purpose, which was to increase awareness and to generate a thought-provoking reaction. This is designed to be a forum to discuss the problem and to generate potential solutions. Otherwise, we will not find a long-term answers to the current disaster [...]

FreePassers and the Salvation of Capitalism

Friday, December 19th, 2008

I’m not an opportunist by nature. Although the current economic crisis seems the appropriate time to launch my FreePassers.com blog, I assure you that my study of this phenomenon has been ongoing, and its contribution to today’s state of affairs was predictable. I can tell you without qualification that the reform of the FreePasser mentality [...]