Originally posted by Bader
I was thinking of the average tax payer, but this looks like they are trying to reduce company tax and increase investment to help boost the economy.
Davos: Bankers, investors, and executives last week arrived at the Swiss resort of Davos giddy about record profits and bonuses. After five days, they left just as happy.
Warnings were batted away by dealmakers like Michael Klein, co-president of Citigroup Inc.'s investment banking unit, and David Rubenstein, managing director at the Carlyle Group Inc. buyout firm.
Financial models linked to the value of U.S. 10-year Treasuries.
Griffin, who oversees a $12.8-billion hedge-fund group, was more concerned that government is too much regulated???????????????????????????????. ``It would be heartbreaking if you were to see regulatory in capital formation in South East Asia, Latin America and India.''
. ``There's a danger of a `rush to the exit''' if investors wait too long.
`Not Enough Concerns'
``Markets often overshoot and adjust back so that wouldn't be surprise. But the fact that there's something fundamentally wrong is not obvious.''
The top five U.S. securities firms, including No. 1 firm Goldman Sachs Group Inc., posted a 50 percent rise in profit last year to a third straight record of $30.7 billion, spurred by gains from trading of stocks, commodities and derivatives.