Eugene David ...The One-Minute Pundit |
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Wednesday, January 31, 2007
As he moved from trading post to trading post, all the floor brokers and their assistants stopped work and started cheering and applauding.
And I mean loud applause and huge cheers. Still, even Bush's words on pay were met with complete silence from the business crowd he addressed. We don't know what Greed-is-Good and Ben were up to with their respective spins. Greed wants to spin Dubya as a savior; Ben wants to spin him as a nincompoop. The truth, one suspects, lies between these two goalposts. Wall Street has a reason for cheering Dubya. It also has a reason to keep silent about excessive CEO pay.
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