The Feds Are Finally Cracking Down On Wall Street Bonuses
“I’ll be gone, you’ll be gone,” are six words dangerous words on Wall Street.
They get at one key reason why so many people took so many risks in the run up to the financial crisis of 2008: Sure, trades might have been risky, but if they soured, bonuses would already have been paid and people would have moved on to new jobs.
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