Some quotes from the article: "...the rise of a small but powerful group of what can only be called sociopaths." "So here’s what Mr. Benmosche [chief executive of AIG- giant insurance company] did in an interview with The Wall Street Journal: He compared the uproar over bonuses to lynchings in the Deep South — the real kind, involving murder — and declared that the bonus backlash was “just as bad and just as wrong.” "Speaking about proposals to close the carried-interest loophole — which allows executives at firms like Blackstone to pay only 15 percent taxes on much of their income — Mr. Schwarzman [Stephen Schwarzman, chairman of the Blackstone Group, one of the world’s largest private-equity firms] declared, “It’s a war; it’s like when Hitler invaded Poland in 1939.”" "This isn’t libertarianism; it’s a demand for special treatment. It’s not Ayn Rand; it’s ancien régime."
Posted on: Fri, 27 Sep 2013 19:21:33 +0000
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