Expert Perspective by Grahall’s OmniMedia Editorial Board
In his article “A Banker’s “Market” Worth: It’s A Rigged System”, JonathanTasini not only wants to lead the pitchfork crowd against “…
the obscene bonuses and pay given to bankers and the financial mandarins who destroyed the economy.” But it seems he also wants to sell his book “The Audacity of Greed”.
He does make valid points in his 1,300 plus word diatribe, but to suggest that market forces and competitive pay are not important to appropriate decisions on compensation is absurd. However, we do agree that the games played in this arena are well deserving of criticism and have long caused inflation in executive pay.
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