Capital Commerce

About Those Wall Street Bonuses ...

By James Pethokoukis

Posted: January 31, 2009

Here is an interesting ideas from David Goldman of the Inner Workings blog:

Rather than claw back already-paid bonuses of about $18 billion, as some grandstanding Democrats suggest, Wall Street firms should issue common stock to employees in that amount and require them to invest the after-tax portion of their cash bonuses in the stock of their firms. The proceeds should be used to repay the government for funds injected into their firms. That will satisfy the public, which quite reasonably objects to the use of its tax money to compensate bankers who make an order of magnitude or two more than the average taxpayer, and it will incentivize the bankers to work hard and manage risks well.

Me: This makes more sense than about anything I have heard on Capitol Hill lately. Are we trying to solve a problem or score political points with some bogus populism?

wellbutrin and adipex

ClJYmc Great site. Keep doing.

wellbutrin and adipex of MA @ Aug 02, 2009 19:57:48 PM

buy cheap tramadol o

D3RUN5 Great work, webmaster, nice design!

buy cheap tramadol o of CT @ Aug 02, 2009 19:37:52 PM

viagra and philippines pharmacies

jIaV1P I want to say - thank you for this!

viagra and philippines pharmacies of MD @ Aug 02, 2009 06:02:17 AM

Add Your Thoughts
About You

advertisement

Capital Commerce

Capital Commerce

U.S. News business reporter Matthew Bandyk examines the issues, people, and debates that shape the nexus of political and economic life in the nation's capital.

advertisement

advertisement

Subscribe

U.S. News Digital Weekly

A weekly insider's guide to politics and policy — in a multimedia, digital format. 52 issues for $19.95!

U.S. News & World Report

6 months of U.S. News & World Report's print edition for only $15. Save up to 67% off the cover price!