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(ABC News)   Morgan Stanley CEO says banking industry is "overpaid". In related news, water is "overmoist" sun is "overwarm"   (abcnews.go.com ) divider line
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651 clicks; posted to Business » on 06 Oct 2012 at 5:46 PM (4 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-10-06 07:39:49 PM  
1 vote:
From 1978 to 2011, CEO compensation increased more than 725 percent, a rise substantially greater than stock market growth and the painfully slow 5.7 percent growth in worker compensation over the same period.
2012-10-06 06:28:50 PM  
1 vote:
Anthony Polini, analyst with investment firm Raymond James, said he agreed with Gorman that there are too many banks in the U.S., but he disagreed that the banking industry as a whole is underpaid.

"The banking industry is overregulated, not overcompensated," Polini said.


Yes, because the sub-prime mortgage fraud that caused the global recession was a result of too much regulation. In fact, so much regulation, they had to regulate themselves.

Reminds me of Jimbo

So now, we only kill animals to, quote, thin out their numbers. If we don't hunt, then these animals will grow too big in number and they won't have enough food. So you see, we have to kill animals, or else they'll DIE

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