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As we said, Barney Frank's committee has posted the CEOs' prepared statements on its website.
We're watching the hearings, which just began, but feel free to look through what the prepared remarks and send us anything good...
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Josh
Zachary
In answer to Barney Frank's question on why they need bonuses to do their jobs, John Mack, the head of Morgan Stanley said "....the risks we take....". I expected Frank to ask him just what risk these executives take, considering they get their bonus whether the company wins, loses or draws.
February 11, 2009 11:28 AM | Reply | Permalink