Pent up demand

Executive Pay Restrictions Will Deplete Wall Street's 'Elevator Assets'

I realize that bashing Wall Street is all the rage, but why can't anyone see that $500,000 is too low a floor. Imagine you are a portfolio manager overseeing several billion in investments. Catching or failing to catch a single mistake in rebalancing the funds can easily mean hundreds of thousands in loss/gain for the fund. Do you think doing a competent job for fundholders might be worth more than $500k in total compensation?