severance package

"Financial Terrorism" - That is what a caller last night on Michael Savage named this bailout proposal. Another analogy would be Don Corleone who liked to "make an offer you can't refuse;" stuff some cotton balls in Hank Paulson's cheeks and I think you could get a dead-on impression.

Here’s an amen and an Attaboy! for Congressman Jimmy Duncan, from the News Sentinel:

At Mack’s place a frequent commenter, democommie, asked what happened to responsibility for people like the leaders of Fannie Mae and Freddie Mac, who drove their organizations into a hole that required a bailout, but got to leave with golden parachutes worth somewhere in the (to me, very, very nice) neighborhood of $15 million each for their efforts.

I was away from the computer most of yesterday, and by the time I did get to it, I did not have the energy to write. So, this morning I am playing catch-up on the Palin pick.

Business School Professor Bruce Barry lends some insight as to why the press may not have so eager to attend a TNGOP-hyped press conference featuring Carly Fiorina:

By JENNIFER BROOKS • Staff Writer (tennessean)• June 17, 2008

Former Metro Schools Director Pedro Garcia and his wife are what you might call motivated sellers.

Former Director of Metro Schools, Pedro Garcia, needs to sell his house — quick:

More failed CEO’s made huge amounts of money. This time, 3 CEO’s in the mortgage industry were paid ridiculous amounts of money as the companies they led were flushed down the toilet.

 Three chief executives with ties to the mortgage crisis were paid $460 million over five years, according to a congressional report issued Thursday.

Kay Brooks is at it again: arguing for the imposition of private sector models of control over public schools.