Forward this

Forward this: According to the WP, at least three folks at Legg-Mason paid $700 a year for a subscription to a daily investment newsletter. I guess that made them think it was okay to forward it to over a thousand other employees…everyday…for over a decade. The bill just arrived for those extra subscriptions (via a federal court jury) and it looks like $20 million will even things up. No word yet regarding any subscription incentive premiums Legg-Mason may receive – 10K clock radios, perhaps? All jokes aside, you’ve got to ask yourself, “what were these jokers thinking?”