Contributing Member of the Accounting & Financial Analysis Councils

Names and details of certain GLG News authors are available only to GLG Clients and Council Members. GLG News authors are subject-matter experts within the GLG Councils and are available for expert consulting - by phone, in-person, or written analysis. To find out how to become a GLG client or Council Member, click here.

GLG News by this Author

Analyses are solely the work of the authors and have not been edited or endorsed by GLG.

Shock Tactics for Risk Takers - Abacus Consulting, financial services

February 9, 2009

Analysis of:US Plans to Curb Executive Pay for Bailout Recipients | www.nytimes.com

It will only be by such shock tactics that the pain might be remembered for generations to come to try to prevent them from acting with such irrational exuberance in the future. Where are all these disgruntled executives going to go? Who is going to pay these numbers? No shareholders are going to sit by and witness golden handshakes and 'hello' bonuses any more. Reality has to come to these people too! The old chestnut that we need to pay these exorbitant salaries and bonuses to attract the talent just doesn't wash any more. This so-called 'talent' has literally brought most of the world's leading economies to their knees.

Page : 11 to 1 of 1

Request a News Analysis

Subscribe to Updates

By RSS