How the markets really work

[Sassy]

If you don't fully understand what's happening in the financial markets - the cause and the likely
outcome - the two comediennes on this short video will make it crystal clear.   (excuse the little bit of PC incorrectness - they're British comediennes)

http://www.brasschecktv.com/page/187.html

[glenn kangiser]

http://www.bloomberg.com/apps/news?pid=20601109&sid=aGL5l6xOPEHc

Wall Street Executives Made $3 Billion Before Crisis (Update1)

By Tom Randall and Jamie McGee


Sept. 26 (Bloomberg) -- Wall Street's five biggest firms paid more than $3 billion in the last five years to their top executives, while they presided over the packaging and sale of loans that helped bring down the investment-banking system.

Merrill Lynch & Co. paid its chief executives the most, with Stanley O'Neal taking in $172 million from 2003 to 2007 and John Thain getting $86 million, including a signing bonus, after beginning work in December. The company agreed to be acquired by Bank of America Corp. for about $50 billion on Sept. 15. Bear Stearns Cos.'s James ``Jimmy'' Cayne made $161 million before the company collapsed and was sold to JPMorgan Chase & Co. in June.