Description:Â Â Intent on fixing a banking system that contributed heavily to the recent financial crisis, lawmakers and regulators pushed Wall Street to overhaul its pay practices. Big banks responded by shifting more compensation into stock, a move intended to align employeesâ€™ interests more closely with those of investors and discourage excessive risk-taking.
Questions for discussion:Â
- Summarize the report and the concerns with Wall Street behaviors.
- Do you believe there is a need for more regulatory involvement and if so, what should it be?