Description:Â FDIC Chairwoman Sheila Bair is concerned with the lack of real change in big banks’ operations and compensation.
Source: CNNMoney – video report
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Date: 01/22/2010
Link: http://money.cnn.com/video/news/2010/01/22/n_fdic_bair_bank_bonuses.cnnmoney/
Questions for discussion:
- Summary the ideas put forward by Sheila Bair.
- Do you support her position? Explain your thinking.
- How do you think the investment industry will respond?
- Do you think her ideas about clawbacks and other adjustments to executive compensation will succeed? Explain your answser.
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