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To: microhoogle! who wrote (89537)11/1/2008 2:59:28 PM
From: Little Joe9 Recommendations  Read Replies (2) | Respond to of 116555
 
Why do we need to pay outrageous salaries to bankers. For years it was not a particularly well paid field and the banks waere stable. After all being an honest banker is not rocket science.

Logic says that if you are going to pay huge salaries, you put pressure on those who get the salaries to perform, which in turn means you are paying them to use their intelligence to engage in risky behavior. This is exactly the opposite of what banks should be doing.

Little joe