Economy Hodgepodge

I was reading yesterday on Yahoo! news that Harrah's Entertainment (HET) reported a $1.6 billion loss for last quarter to their stockholders. Which isn't that mind blowing in today's economy except for the fact that Harrah's paid it's CEO, Gary Loveman, a $2,400,000 bonus (that's 2.4 MILLION, folks)at the beginning of the same quarter. According to wtop.com, Harrah's has reported a loss in each of it's last 5 quarters the smallest being $1.05 billion for the same quarter last year. I'm not really sure why he gets that bonus, are you? If it looks like AIG and smells like AIG...

Al, the Travel Valet

Pick of the Day(59-13-1)...West Virginia