The NYTimes had a great op-ed piece today on the financial markets and the systemic problems that still exist. Read on below:
As a start, the best-compensated executives at the top of these big banks, hedge funds and private-equity firms should be treated like general partners of yore. If a firm takes prudent risks that pay off, this top layer of management should be well compensated.… read more “Systemic Failures Still in Markets”