Monday, March 11, 2013
In Defense of the Wall Street Bonus
Generally, I think Wall Street bankers get paid too much overall, but this 6 minute video from OnlineMBA.com does convince me that it makes sense that their compensation structure be designed with bonuses being a large portion of their total compensation. Basically the video defends variable compensation, with which I completely agree. The same website also has an interesting 1 minute video about the business of guns.