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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?


To: RMF who wrote (30723)12/25/2008 11:25:40 AM
From: DuckTapeSunroof  Respond to of 71588
 
Yeah... allowing the compensation structure to be based upon the idea of HUGE BONUSES based upon (what may be phony) short-term numbers, simply ENCOURAGES wild gambling and excessive leverage.

And inevitably produces massive failures and systemic shocks during periodic down cycles....

"Capitalism for the poor, and Socialism for the rich" is not any kind of a system that can endure for long.