Quote:
Originally Posted by RIJIMMY
and we now have a "pay czar" to limit financial services pay.
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The real intent of the pay czar is to ensure compensation structures are in alignment with public interests, espeically for banks that have taken public funds. In some extreme instances this may mean limits to pay, but the real focus is to make sure people in the finance industry can't compensate themselves with quick cash when they're making high-risk bets with other people's money behind the curtian.
-spence