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Believe It: Bankers' Pay Takes a Tumble

Wall Street Journal Original article ›

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The European Union leaders insistence on pay curbs to prevent reckless risk taking 2011-2012

02/04/2009

Sarkozy of France and Merkel of Germany insist that pay curbs for bankers be high on the agenda for the G20 meeting in Pittsburgh. They are particularly riled by the huge bonuses bankers are taking in the midst of the continuing financial crisis.

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Executive compensation on Wall Street: Assuaging public anger or the real thing

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Its not clear whether these controls on pay practices are adequate, or too little too late. With bills being watered down in Congress on derivatives trading and other risk prevention measures. The intense lobbying of the financial industry against prudent regulation. The voices of wiser minds like Volcker and Mervyn King of the Bank of England calling for strong action. And the jobless numbers going the other way. Most recently at the Barr Trucking Company in Indiana, where 500 resumes were received for a $13 an hour assistant position.

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Wall Street Meets Reality

New York Times 12/27/2011

SEC Wants Boss-Employee Pay Gap on Display

Wall Street Journal 09/19/2013

S.E.C. Proposes Greater Disclosure on Pay for CEO's

New York Times 09/18/2013

A Better Way to Compare C.E.O. Pay

New York Times 09/21/2013

Wall Street Bonuses Are an Outrage

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The Case Against the Bernanke-Obama Financial Rescue

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U.S. banker pay- 2009-2012

01/15/2010

Grouped Articles

Believe It: Bankers' Pay Takes a Tumble

Wall Street Journal 04/26/2011

Wall Street Chiefs Set a New Agenda

Wall Street Journal 02/28/2012

Banks Set for Record Pay

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