People with power to make important decisions that increase their own wealth, but bear little responsibility for the results.
5 posts in this category
The G-20 summit was a true public relations success. Despite low expectations, the spin at the close of the conference promoted the concept that there was a consensus among the nations that participated. The FreePasser Issues Still Remain! However, d...
Read MoreLast week Lloyd Blankfein, the CEO of Goldman Sachs, gave a speech to a group of institutional investors in which he called for new pay standards and regulation of hedge funds and private equity groups. Back to the Future When it comes to Wall Street...
Read MoreThere has been tremendous anger over government money being used to pay bonuses to executives in many of the companies receiving government bailouts. We saw this recently in the cases of American International Group (AIG) and Merrill Lynch. The amoun...
Read MoreI have noted before that the FreePasser epidemic has permeated every aspect of our society. However, the recent disclosures of the use of government bailout money for bonuses at American International Group (AIG) astound even me. It turns out that th...
Read MoreI’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 ...
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