Socialized Compensation

New York Times | Mar. 21, 2008 (Editorial)

Until bankers face a real risk of losing their shirts, they will keep ratcheting up risks to collect rewards while letting the rest of us carry the bag when their punts go bad. Full Story »

Posted by Julian Friedland

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Julia Willebrand
3.3
 by Julia Willebrand - Oct. 1, 2008

This editorial is a good conversation opener. It lays out the problem. But nfortunately, offers no solutions. In fact, a solution/option of limiting salaries of the "bankers" who lead the system into the abyss is declared a nonstarter.

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Julia's Rating

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3.3

Average
from 13 answers
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3.0
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3.5
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3.0
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