Richard wrote:
On 4/16/2015 7:03 PM, Bill wrote:
Richard wrote:
On 4/16/2015 5:08 PM, Bill wrote:
Lew Hodgett wrote:
The point is that the customer shared the wealth of cost reductions.
Lew


Was a change of sentiment required to help achieve 8-digit CEO
salaries?
It seems like things may no longer be running in accordance with "the
book" you mentioned.
Internet technology at our fingertips, such as is facilitating our
conversation, might be an exception.

Bill


Not true, Bill.

Check out the incentives paid on Wall street to productive traders.


Productive traders, sometimes, are a little like a parasite --like
lawyers.


So are some posters...
What does a "productive trader" accomplish besides moving money from
someone else's 401K into their own? You might look at the Mortgage
REIT's from 2008 as evidence of productive trading. All of this makes
for some (unnecessary) legal expenses, i.e. lawyers.