Saturday, March 17, 2007
General Info - Small slices of very big pies
Small slices of very big pies. Watch the deal-makers in investment banks, private-equity managers, mortgage lenders, CEOs, commercial banks and fast-food franchises. Imagine getting a mere 0.1% finder's fee (or better yet, a 0.1% annual "management" fee) in the $45 billion Texas Power Company deal! Or maybe the average $2.4 million salary paid today's CEOs, plus options and bonuses. And you can even do a crappy job and get fired, like the Home Depot boss, and still get severance of $240 million.
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