Thursday, November 29, 2012

Wall Street Executive Salaries Skyrocketed After Deregulation

Wall Street Executive Salaries Skyrocketed After Deregulation: Wall Street compensates its CEOs so well, one former executive walked off with $260 million despite crashing his company. Even Wall Street heavyweights have criticized the practice, which has helped widen the nation’s income inequality. According to a new study in Quarterly Journal of Economics, Wall Street’s generous pay began to skyrocket following deregulation. The [...]/p