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...
Today's Wall Street Journal wrote about Goldman Sach's efforts to find creative ways to reward their executives and traders despite the disastrous results. Raises anew the thoughts that we seem to be using our tax dollars to reward the people whose excesses...