Money for Nothing


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Published in The New York Times April 27, 2009 by Paul Krugman

…we should be disturbed by an article in Sunday’s Times reporting that pay at investment banks, after dipping last year, is soaring again — right back up to 2007 levels.

Why is this disturbing? Let me count the ways.

Link to full article.

Link to read the Expert Perspective of Grahall Partners regarding this issue.

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