Pent up demand

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

Bite me, I made a typo on a blog comment. All I'm trying to point out is that people are throwing the baby out with the bath water.

Those of us in the trenches in Wall Street deal with a lot of pressure and responsibility and live with some of the highest living costs in the country. Take away the incentive compensation for most of us and we will struggle to have even a middle class standard of living in the New York metro area. I am in this industry in the first place because US companies offer neither money nor respect for those in my chosen field (engineering). I saw the writing on the wall as a young engineer. Experienced engineers above me getting paid little more than new hires, if they weren't let go by the time they were reaching 20 years.

But don't let me interrupt those lapping up the populist rhetoric put out by Washington.

Down vote away.


On Feb 05 10:43 AM bricki wrote:

> It isn't a floor, it's a ceiling. I would NOT want anyone managing
> my money who couldn't figure that out.
>
> On Feb 05 09:13 AM Pent up demand wrote: