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Is This The Beginning of the End for the Fat Cats?

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posted on May, 19 2003 @ 07:06 PM
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I found this on the BBC earlier.

news.bbc.co.uk...

They kind of play down the impact that this will have on other companies who have guys on the gravy train up top but the ramifications will be huge for those companies whose shares are mainly in the Public Sector.



posted on May, 19 2003 @ 09:29 PM
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Alas, Leveller -and let us merely consider Enron -the repercussions are generally felt by the shareholders: not the "fat cats".
Poor Joes who are often unaware that they even are shareholders (e.g. it's through their pension fund or insurance policies) are the casualties.



posted on May, 20 2003 @ 02:18 PM
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The End of the fat cats !! Really? Are we doing away with congress or the senate because thats where getting rid of the fat cats has to start. We need to wean them off their sugar tits and make them work for their money. Of every tax dollar collected to fund welfare , only 27 cents actually gets to the recipient, 73 cents go to administrative costs. I think we need to turn that number around and take some fat off those cats.



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