nun

Why Capping Pay Is Likely to Work

The problem is no one wants to admit that the government owns these banks now. Whoever owns a company can set whatever salary they want.

When the govt. no longer owns them, the new owner can jack up the salaries.

If they don't like $500k, they can quit. It's very simple.

If someone takes the $500k and succeeds, that person will be a hero or financial wizard and thoroughly rewarded for years to come. That is a huge incentive already.