Quote:
Originally Posted by orangebelt
Dats bad... the fourth quarter loss reflects net mortgage-related write downs of $1.9 billion!!! when they anticipated write-downs of approximately $1.2 billion....
Gud thing is that they announced that the members of the executive committee will not receive any bonuses for 2007... 
Now they're acting like small biz owners by not giving bonus.. but they should reward their staff no matter what...  |
Yup, Even during crisis, they must have some funds in their reserves, dedicated to bonus and rewards. Or, i got a suggestion for them... They could claim insurance
