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EconEli

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EconEli

Re: old_dad_98 post# 22907

Monday, 05/05/2003 2:21:51 PM

Monday, May 05, 2003 2:21:51 PM

Post# of 433277
Thanks old_dad. Warren Buffet is the paragon of virtue in the investing world.

Charles Schwab laid off a lot of employees a short time ago to cut costs and boost profits, and at the same time announced he was receiving a bonus for the year that exceeded the cost of employing every fired person for the next 40 years, assuming an average base salary of over $70,000 per year and adjusting for inflation and annual raises every year. How sickening is that for an example of greed run rampant?
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