Will California Gamble in Las Vegas? The Stakes are High in the Gilbert Hyatt Case.

This is a case I reported on earlier in my blog.  I cannot fathom how this story has not been covered by 60 Minutes or made the front page of any major daily.  I’m just as surprised that it has not surfaced in any major daily in California during the budget crisis.  Why?  Because this [...]

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Excessive Retention Bonuses

I’m surprised this story did not receive the same degree of publicity as AIG’s bonus payments: http://finance.yahoo.com/news/Fannie-Freddie-worker-bonuses-apf-14845980.html .     First a word about retention bonuses.  There are times when they are necessary, for example, if there are individuals with knowledge about unique transactions or processes that are critical to business combinations or other special situations.  However, [...]

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