Link to September 24 New York Times article, "In Bailout Furor, Wall St. Pay Becomes Target for Congress."Blood-pressure-rising excerpt:
But Wall Street, its lobbyists and trade groups are waging a feverish lobbying campaign to try to fight compensation curbs. Pay restrictions, they say, would sap incentives to hard work and innovation, and hurt the financial sector and the American economy.
So then, this current pain we're feeling is the result of Wall Street's hard work and innovation? I'd sure hate to see what would have happened on an off day!
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