"Last week's announcement that "Pay Czar" Kenneth Feinberg slashed compensation for executives at seven large financial firms by an average of 50% stunned Wall Street, stoked the fires of populist resentment, and troubled economists. Will this government-mandated pay cut drive the most talented professionals away from these companies, endangering their recovery? Does it augur further politicization of economic decisions?"
Read the whole article @
http://online.wsj.com/article/SB10001424052748703574604574499953992328762.html
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment