FutureOfCapitalism.com (Free subscription) | 10/29/2009
The New York Times has an article about how a former aide to Eliot Spitzer, Eric Dinallo, is attracting backing from Spitzer foes like Kenneth Langone and Richard Grasso for Mr. Dinallo's campaign for attorney general of New York State. The article says:
DealBreaker (Free subscription) | 10/23/2009
Wall Street Reacts With Skepticism, Anger on Moves to Reduce Executive Pay (Bloomberg) The pay cuts are "sheer stupidity," said Kenneth Langone, co-founder of Home Depot Inc. and a former New York Stock Exchange board member. "The taxpayers have an enormous financial risk in these companies, and very simply stated, I want the best person. If I needed neurosurgery, I would...
Daily Intelligencer - New York Magazine (Free subscription) | 10/23/2009
Yesterday, the Treasury Department's "special master of compensation" Kenneth Feinberg announced plans to halve the average compensation for the top 25 executives at seven firms that have received "extraordinary assistance" from the government since the financial crisis began last fall. Is this an effective smackdown, or a case of too little, too late? • To the argument...
