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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?


To: pompsander who wrote (9480)3/17/2009 1:24:28 PM
From: DuckTapeSunroof  Respond to of 103300
 
Re: The whole theory of "retention bonuses" in a massive recession like this is flawed. Plenty of talent willing to work to get in the door and eventually get rewarded when the recoveery comes. This is another example of the financial industry living on another planet from the rest of us."

EXACTLY correct.

Many of these guys (say some of the traders at AIG) probably couldn't even *find* another job in the industry at this point....

The amount of leverage that they have is vastly over-stated.