Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: SilentZ who wrote (456152)	2/13/2009 10:40:18 AM
From: michael97123	Read Replies (1) of 1575037

i read it. it resonates. It's wrong. You distort the talent pool if you selectively restrict salaries in a particular industry. Same on the upside when the wallst geniuses were getting unholy compensation. Its all about free flow of capital. Problem is not what they earn but what they create and sell that passed thru the system without checks or balances. If someone said no to the securitization and subprime, folks who came up with these schemes would never have made big bucks. The perceived unfairness here and it is real is something we have to live with in order to attract the best folks to banking now when they are needed most. Having said that, we should fire the remaining john thains of the world if they are getting fed funds with no parachutes.

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