"If we experience another five years of egregiously excessive executive pay, ludricrously warped incentives and behaviour in the financial system, combined with pathetic levels of business investment, then it will be more difficult to argue that the market economy delivers for everyone."
Well said Roger Bootle (Daily Telegraph, May 18, 2015). But what should be DONE? We have done more than enough comment on the problem of executive compensation!
Last week, the SEC approved a proposed rule change by the National
Securities Clearing Corporation (NSCC) that establishes an operating and
clearing schedu...
6 days ago
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