Archive for March 21st, 2009

Compensation Regulation: Where Do We Stop?

I haven’t sermonized about the AIG bonuses, not because I don’t have an opinion but primarily because reasonable discourse has been overwhelmed by emotion and demagoguery. I am going to stick a toe just a bit into the swamp in order to tackle a larger issue. One could argue the rational for paying bonuses to […]

Help Me Figure Out The Geithner Bank Plan

The New York Times has the only information that I’ve seen so far on the imminent Treasury plan to resolve the bank toxic asset conundrum. I’ll reprise it for you and then move on. No sense getting worked up about something that we haven’t seen in detail. Here’s what they plan to offer on Monday […]