See Link:
http://www.cnbc.com/id/32233832
I think that "prohibiting large companies from fashioning pay incentives that encourage employees to take financial risks that could threaten the economy or the viability of the institution" is a good idea in theory, but I have no faith in the morons in Washington to get it right. Just let the people with the relevant expertise run their f*cking companies!
Thoughts?
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It's definitely being discussed at high levels, and being mentioned in the media more and more prominently.
If any administration could pull it off, it would be this one.
That said, I think it will remain nothing more than a fantasy socialists use when they treat themselves to some rough masturbation.
The WSO Guide to Understanding TARP
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