Today the news of the day on Wall Street is the shouting about President Obama’s intention to assess major financial institutions additional fees to help compensate the government for its TARP losses in bailing them out. According to analysts quoted by...
This weblog has devoted space more than once to the sometimes ridiculous executive pay policies pursued by many Wall Street firms, notably including AIG and Merrill Lynch. I felt then and continue to feel now that many financial firms couldn't spell "pay for...