Free markets are to me what gravity is to physics. It just "is."
But - this seems to me to be one more example of people attempting to "defy gravity."
Shareholders in the securities industry are having their worst year since 2002, losing $74 billion of their equity. That won't prevent Wall Street from paying record bonuses, totaling almost $38 billion.
When those in the private sector perform well, compensate them. Do what you have to do to reward them and keep them.
When they underperform? Less compensation.
Yes. It is that simple.
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