All Posts Tagged With: "executive pay"
Regulating Executive Pay Can Reduce Systemic Risk
Late last month White House pay czar Ken Feinberg unveiled executive pay rules for 175 key players in the nation’s seven-firm TARP-assisted sector. The new rules generated different bundles of base and incentive pay for the affected executives, along with a good bit of grumbling and grousing. Unsullied by the frowns and accompanying warnings that [...]
4Nov2009 | Bruce Yandle | 23 comments | ContinuedGetting in Deeper
In what the Wall Street Journal calls "a watershed moment for government intervention in the private sector," the Federal Reserve announced yesterday it will regulate executive compensation at all banks so that they will not have incentives to take on too much risk. The term "pretence of knowledge" comes to mind.
23Oct2009 | Sheldon Richman | 19 comments | ContinuedAmerica Is Headed Toward Plutocracy?
In a New York Times op-ed (June 14, 2002), columnist Paul Krugman lamented the increasing inequality between rich and poor, and expressed concern that this will lead to an erosion of democracy. He needn’t worry himself (more important, he needn’t worry his readers), since his argument depends on misleading arguments about wealth disparities and philosophical [...]
1Oct2002 | Aeon J. Skoble | 3 comments | Continued-
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