DonSuper

Pay Bankers Much Less

You are correct Felix, most bankers are grossly overpaid, and as explained in Liar's Poker, they dont even care much about the total amount, but by the relative amount they earn compared to others in the company/competition.

A friend has a P.h.d in Physics, she is very bright, and instead of working to solve serious problems, she was attracted to work in trading models for Wall street because she made much more money, but I bet her talent would be put to much better use in another place solving real world problems.

Merrill Brokers' Pending Exodus Likely Exaggerated

yeap! exactly...

Citi Gets a Good Deal; Ken Lewis Overpaid

you are the same clown that said was gettin a better deal than Buffett in dow chemical right?

You really dont understand anything...add the 42B Citi is on the hook, plus the 12 B in preferred, etc...they payed MORE than BAC for ML, and ML comes with THE BEST asset management business in the world, almost 50% of Blackrock worth more than 10B...

But hey, you know more that Buffett right?