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Thursday, February 05, 2009
Wall Street Complains $500K Isn't Enough
Wall Street is complaining that they're not going to be able to keep workers because $500K is not enough. If that's the case, perhaps we should start teaching a core group of college students, who believe that $500K is more than enough, to take over these positions in a few years. More regulation and ethics need to be applied to the banking industry. Banks taking government money need to report all salaries and perks. I believe Obama said that's coming. What we really need to do is sweep out the current crop of Wall Street bankers.