Banks Thwarting Feinberg Pay Model by Changing Bonus Formulas
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2009-11-06 — bloomberg.com
" Global leaders and regulators trying to rein in banker pay are proposing everything from clamping down on guaranteed bonuses to recouping compensation from prior years if losses mount. Largely unaddressed is the topic that stirs the most public ire: How much money is too much?"
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Mr. X at 14:35 2009-11-06 said:
I could care less how much someone earns as long as that someone shoulders all of the risk. Unfortunately that's not the car. Privatize profits, socialize losses. Permalinkadd a comment | go to forum thread
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