Bonuses To Go Unchecked
Here‘s the logic ($20B for MS, ML, GS alone) :
“A lot of guys wouldn’t want to work this hard just for salaries,” he said. “You’d have a serious exodus from the business by a lot of really talented people — they’d become CFOs of companies, go to firms that didn’t participate in the TARP program, go to hedge funds, or start hedge funds.”
-Shlok
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