Gamble Doesnt Work News Today

Bill that just passed is a set of strixs, not just authorization, but binding instructions to all the regulators that they are to put in place rules that restrict pay. its very clear that the way these pay packages are structured, the way the bonuses are truck which you ared, people get paid off if a gamble works. they dont lose anything if a gamble doesnt work and give an incentive of too much risk taking. we have instructed as i said every regulator, the fdic, bank regulators to prevent that f...