THE WHITE HOUSE Office of the Press Secretary FOR IMMEDIATE RELEASE March 18, 2009 Statement from Press Secretary Robert Gibbs on the President’s Strong Commitment to America’s Veterans: The President has consistently stated that he is committed to working with veterans on the details of the 2010 VA Budget Proposal. The President demonstrated his deep [...]
Archive for March 20th, 2009
20 Mar
Wall Street’s skewed pay structure
By Jeffrey D. Korzenik March 20, 2009 THE CONTROVERSY over AIG’s bonuses has brought new scrutiny to compensation on Wall Street. Having lived in (the lower range) of Wall Street’s bonus culture, I’ve witnessed how the pay structure distorts decision making. Before our policymakers try to fix the system, they must understand how past legislation [...]