Friday, February 06, 2009

banker bonuses - what's the problem?

in the tech. area, when you want to give someone a bonus, you give them stock - this strongly incentivizes them to think about
a) working for the company
b) working for the long term

why are banks different? why do they get cash bonuses? bogus.
give them stock and let them rise or fall by their own success/failures:)

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