Interesting snippet about the views of a CEO with a leading bank. "Let's have a review about how the economy is compensated". Nice try Mr. Ermotti, but where shall we begin? This would mean to start a debate about our whole economic system but appears to me to be a diversion from the obvious problem: Why do CEO's get paid so much more than ordinary mortals, even those working in the same company? Tucker might well include other industries in his argument, but for one reason or another he focused on bankers.
UBS' Sergio Ermotti tries to divert attention from banker's pay
Yesterday, the Commission, by a three-to-one vote, approved a policy
statement that revisits the decades-long approach of the Staff not
accelerating the ef...
11 hours ago
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