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View Diary: Morning Feature: Conspiracy Theory 103 - Conspiracies of Convenience (Plus Kossascopes) (178 comments)

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  •  Regulate the compensation structure also (6+ / 0-)

    I am in favor of regulation of the business practices but...the destructive creativity will usually be one step ahead of the laws and/or regulations. The short term profit opportunities only seem "like a good idea" if there is a short term reward. Too much of investment banking's compensation is in the form of the annual bonus. We need to regulate the time frame of the compensation payouts to make the idea of short term gambling not attractive to the players.

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