Interesting People mailing list archives

INTERESTING Re: Banks Set for Record Pay - 18% over last year!!


From: Dave Farber <dave () farber net>
Date: Sun, 17 Jan 2010 15:05:59 -0500





Begin forwarded message:

From: Chris Beck <cbeck () pacanukeha net>
Date: January 17, 2010 1:09:12 PM EST
To: dave () farber net
Subject: Re: [IP] INTERESTING Re: Banks Set for Record Pay - 18% over last year!!


We seem to be missing the point. The industry as a whole failed massively and the costs were externalized. The same people who screwed up are now getting record bonuses. This is clearly not a question of retaining the best and the brightest. If we talk about rewarding the successful, the bonuses should be going to the lobbyists who are maintaining the private-profit, public-cost game.

Cheers,
Chris
--
[Christopher Beck] [http://pacanukeha.wordpress.com]
http://icanhascheezburger.com/2009/12/17/funny-pictures-get-right-on-that/



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