Hoofy and Boo report the National Retail Federation estimates that people will spend a little over $474 billion this holiday season and they decide to get CEO gifts. They give Jimmy Cayne, Bear Stearns CEO, a pair of boxers shorts, a case of Visine, and a large pizza with everything because he likes to participate in the wacky. They give Microsoft CEO Steve Balman Speed Stick Anti-perspirant. Instead of giving retired CEO Paul O'Neal, who received a $160 million severance package, a gift; they decide to give the Merrill Lynch shareholders a pair of nunchucks and 15 minutes in a locked room with Stan after the stock has dropped 40% over the past year. They also got a coin counter for car makers in Detroit and a Nutty Buddy Athletic Cup for Ben Bernanke after he was kicked around all year. http://www.minyanville.com/
Link to this comment:
All Comments (0)