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Outrageous! Bailout money spent on skin cream


October 9, 2008 by Fred Hosier
Posted in: Dubious decisions, Oh no they didn't, Special Report

Some companies might find it difficult to justify $23,000 worth of spa treatments at a fancy resort for executives when times are good, let alone when bankruptcy is looming.

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Bank executives protect their bonuses, saying bad decisions aren’t their fault


April 10, 2008 by Fred Hosier
Posted in: Dubious decisions, In this week's e-newsletter, Latest News & Views, Oh no they didn't

With a looming recession, it’s a tough time for banks. But why should their executives have to suffer, right?

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