The Advisors' Blog

This blog features wisdom from respected compensation consultants and lawyers

February 26, 2009

Partying Like It’s 1999..er, 2009

Broc Romanek, CompensationStandards.com

Going to college in the early ’80s in Michigan meant I had to be a “Prince” fan. The guy had 8 of the top ten spots in the charts when “Purple Rain” came out in ’84. Anyways, looks like the House Democrats are not that happy that Northern Trust sponsored a PGA golf tourney and held parties at the event. So they want the taxpayers’ money back. House Financial Services Committee Chair Barney Frank, along with 17 Democrats on the committee, sent a letter on Tuesday to that effect.

I understand the arguments about pre-existing contracts and the need to keep marketing. But the public doesn’t understand all that and we’ve been done this path for six months (think AIG), so it’s hard for me to fathom how companies still haven’t figured out the lay of the land here – public perception really matters, particularly when you receive TARP funds. Were companies this dim during the Great Depression? So sing along with me:

I was dreamin’ when I wrote this
Forgive me if it goes astray

But when I woke up this mornin’
Coulda sworn it was judgment day

The sky was all purple
There were people runnin’ everywhere

Tryin’ 2 run from the destruction
U know I didn’t even care

‘Cuz they say two thousand zero zero party over
Oops out of time
So tonight I’m gonna party like it’s 1999

I was dreamin’ when I wrote this
So sue me if I go 2 fast

But life is just a party
And parties weren’t meant 2 last

War is all around us
My mind says prepare 2 fight

So if I gotta die
I’m gonna listen 2 my body tonight

Yeah, they say two thousand zero zero party over
Oops out of time
So tonight I’m gonna party like it’s 1999
Yeah

Lemme tell ya somethin’
If U didn’t come 2 party
Don’t bother knockin’ on my door
I got a lion in my pocket
And baby he’s ready 2 roar

Yeah, everybody’s got a bomb
We could all die any day
But before I’ll let that happen
I’ll dance my life away

They say two thousand zero zero party over
Oops out of time
We’re runnin’ outta time
So tonight we gonna, we gonna (Tonight I’m gonna party like it’s 1999)

Say it 1 more time
Two thousand zero zero party over
Oops out of time
No, no
So tonight we gonna, we gonna (Tonight I’m gonna party like it’s 1999)

Alright, it’s 1999
You say it, 1999
1999
1999 don’t stop, don’t stop, say it 1 more time

Two thousand zero zero party over
Oops out of time
Yeah, Yeah
So tonight we gonna, we gonna (Tonight I’m gonna party like it’s 1999)

Yeah, 1999
Don’tcha wanna go
Don’tcha wanna go
We could all die any day
I don’t wanna die
I’d rather dance