Finance and M&A News and Updates

Today CNBC discovered Glassdoor.com, a site for employees to bitch about their CEOs and company culture. They ran a special segment on Chrysler, and the sense of hopelessness among employees, as evidenced by comments like these:

Bernie Madoff's relatively lenient bail terms have outraged many, but that may be coming to an end.
The Ponz's appearance at a Federal courthouse comes as prosecutors seek to have Madoff sent to jail right away, rather than wait out freedom confined to his penthouse. They say Madoff is a flight risk, a charge that Madoff's lawyer disputes.

How awesome must it be to live inside Dick Fuld's head?
We don't mean that it would be awesome to be Dick Fuld, although if pressed we'd probably accept losing hundreds of millions in exchange for a lifetime of wealth and dozens of millions to pass on to our progeny.

From Silicon Alley Insider: We're not the only ones who find Apple's attitude on this issue unfair.

Nobel Laureate Paul Krugman is worried. This morning he expressed fear that somewhere along the way, his vision of crazy government spending will get muddied by a desire for bi-partisanship and that wasteful tax cuts will get thrown into the mix.