From the Article:
I'd have no problem if the pay restrictions were on the idiots who caused this. Unfortunately, it's not really that simple.Originally Posted by Pearl Meyer
It sounds very good if you believe that the people who are now in charge were responsible for the disaster. But these disasters were caused by a small segment of the managing population and the problem is proper oversight by senior management, most of which are gone. Now there is a cadre of executives who are going to be punished or penalized for the actions of others. I am concerned that these institutions won't be able to maintain the quality of their hires.
Bookmarks