One of the most asinine comments I heard today and trust me, I heard a ton, was the comment from our new President that Wall Street must show great discipline in paying themselves exorbitant bonus's.
Hey, this is America. Let management pay them whatever they want, apparently they MADE the money why not PAY them the money. Since when do we have government officials dictating Wall Street pay?
If any company gets federal bail-out money then that is a different horse of a different color.
Outside of that let compensation reign.
That's capitalism.
Retired CEO of CHIPPEWA PARTNERS, Native American Advisors, Inc., now CEO of the Parisian Family Office. A White Earth Chippewa, Dean helped Native Americans for decades. Raised conservative, began Wall Street career in 1982, met game changer William O'Neil in 1984. In a world on a dopamine, hypomanic binge, this is his take on financial chicanery, political crime and life well lived at their Ghost Ranch in MT or Pamelot, the Parisian's TN farm.
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