Citigroup CEO Vikram Pandit disclosed that his pay for 2008 was $1 million in testimony before the U.S. House Financial Services Committee this morning. Folks, remember Citigroup lost $18.72 billion in 2008 including $8.29 billion in the fourth quarter alone. And fired 73,000 employees. Vikram Pandit also got about $26.7 million in stock (1.094 million […]
Folks, we are starting a new category today – Amazing America -with a story on a Porn Star contemplating a political run against a Porn Senator. Oh boy, aren’t we Lucky? We just switched on CNN and by golly we were looking, truth be said actually ogling, at one of the most gorgeous looking women […]
1. Blacks account for 13% of the U.S. population but about 50% of the two million prisoners. Writing in Sunday’s New York Times, Harvard professor Orlando Patterson attributes this “virtual gulag of racial incarceration” to unfair law enforcement, draconian mandatory sentencing, retreat from rehabilitation, far higher crimes committed by blacks and the catastrophic state of […]
The top 20 private equity and hedge fund managers in the U.S. – all White men – made on average $675.5 million (Rs 2,700 crore) in 2006, or 22,255 times the pay of an average U.S. worker, according to a Forbes study cited in a new report called Executive Excess 2007: The Staggering Social Cost […]