That giant pool of money!

Discussion in 'Politics' started by omegapoint, Jan 6, 2011.

  1. What the heck is that article about? Compensation? The author sure took the long way to get there. People in all industries (state and fed included) are compensated basically by the number of employee's and/or budget (aum re finance).

    If the giant pool of money and compensation is the problem why is the list so long of failed WS institutions?

    Fannie and Freddie weren't Wall Street institutions in the strictest sense of the term, had giant pools of money and obscene payouts to politicians of all stripes. Suppose we suggest the regulators fuck off on the regulating Wall Street compensation and start in their own house.