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Originally Posted by saden1
I have an asshole too and I am capable of taking a dump.
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That's good news, glad to hear it.
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The good news is Mr. Black won't pay just 15% capital gains tax on his income, and Delphi Management will be regulated and their investments portfolio will become transparent.
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Increasing the capital gains tax in the middle of a severe recession isn't good news and is a factor keeping the market in its downward spiral. Over-regulation isn't a good thing, transparency is.
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Haters are out in full force, Lord Obama warned us about people like Mr. Black.
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Mr. Black's response was no shock, as I'm sure most folks on Wall Street and those who understand the economy and invesments feel the same way. However the fact that USA Today quoted him and printed it on the front page is surprising.