[Batrachian]

A certain amount of enlightened self-interest is a requirement for success, but this goes way beyond the pale, and it's bad business. It's not uncommon, either. We used to hear the phrase "golden parachute" quite regularly. I'm not sure if the phrase is still in use, but the practice certainly is.

[habs4ever]

This is so much like how Enron operated, with absurd conflicts of interest, that an open revolt by assorted NYSE members was inevitable.Where does a regulator get the idea he can take home a pay package, more than the CEO of Goldman Sachs, that comes directly from fees paid by member firms over which that he has jurisdiction and regulatory authority ? This is gross corruption and Carl McCall, good Democrat flunkie moron he is, signed off on it.

The entire compensation committee of the NYSE has to be fired.

[Mark Felton]

We used to hear the phrase "golden parachute" quite regularly. I'm not sure if the phrase is still in use, but the practice certainly is.

Then: "Golden Parachute"

Now:"Golden Jumbo Jet"