Author: Marcello Buzzanca
published: Thursday, 12 Mar 2009
Well, there is a fee-ling of decapitation going around in high finance and making CEOs crouch in order not to be the dead duck which could serve as a feast to the justice-ahungered nation. Canards have always been an easy prey to raptors and even masquerades have seldom prevented them to be devoured. Even the fowl-like plunge into an ocean of self pity could not prevent the chief conduc(k)ters to be executed... at least in terms of an overhaul of their board of directors. President Obamas pledge to cap the pay of companies' top executives, which took or take advantage of federal bailout money, at $500,000 made them voice under their breath, accusing the government of being responsible of exsanguinations of talents, who would obviously prefer foreign banks and asset-management firms before accepting such a pathetic annual payroll. Speaking of miserable bank-rolls we should also mention that alliteration is very common to high finance. Even if Federal Reserve Chairman Ben Bernanke manifests symptoms of dyslexia when pretending that quantitative easing would alleviate the bur(de)n of debts. No wonder that allegories like Burn- Banky make the omission of dividends due to the conversion of Citi preferred stocks into common stocks sound like a Pindaric Ode, perpetually repeating stanza in strophe and antistrophe. But isn't it maladjustment that makes the world go round?