I notice that Capital One is at the top of the list in terms of CEO pay. They're the ones who send me come-ons to get me to use their credit card four times a week, if not more. I've started cutting up their ads and sending them back to the company, in their pre-paid envelope.
I wouldn't be surprised if the company suffered from a whiff of Ponzi, i.e., that their stock-market value is dependent on the growth of the number of the suckers -- I mean, customers -- for their credit cards. But that number can't keep on increasing, especially in these days of excessive consumer debt.
Jim Devine jdevine@xxxxxxx & http://bellarmine.lmu.edu/~jdevine
> -----Original Message-----
> From: Ian Murray [mailto:seamus2001@xxxxxxxxx]
> Sent: Monday, July 22, 2002 9:12 AM
> To: pen-l
> Subject: [PEN-L:28300] positional goods
>
>
> http://www.washingtonpost.com/wp-dyn/business/companyresearch/ceopay/
>
- [PEN-L:28304] reformism, Jurriaan Bendien Mon 22 Jul 2002, 17:05 GMT
- [PEN-L:28305] Re: reformism, Michael Perelman Mon 22 Jul 2002, 17:15 GMT
- [PEN-L:28323] Re: Re: reformism, Chris Burford Tue 23 Jul 2002, 06:39 GMT
- [PEN-L:28351] Re: Re: Re: reformism, Michael Perelman Tue 23 Jul 2002, 15:04 GMT
- [PEN-L:28301] RE: positional goods, Devine, James Mon 22 Jul 2002, 16:20 GMT
- [PEN-L:28302] Re: RE: positional goods, Doug Henwood Mon 22 Jul 2002, 16:30 GMT
- [PEN-L:28300] positional goods, Ian Murray Mon 22 Jul 2002, 16:13 GMT
- [PEN-L:28306] Re: positional goods, Michael Perelman Mon 22 Jul 2002, 17:22 GMT
- [PEN-L:28299] Honda to boost low-cost motorcycle exports from Asia, Ulhas Joglekar Mon 22 Jul 2002, 15:42 GMT