Merrill Lynch is reportedly planning on setting 2009 compensation back up to 2007 levels and...

Merrill Lynch is reportedly planning on setting 2009 compensation back up to 2007 levels and warning that their franchise could splinter otherwise.

Comments

[TraderD]

I wish my company's management was as delusional as ML's when it comes to compensation.

[j_remington]

The salary reset of the century!

[TeresaE]

Keep on rewarding failure.

There are hundreds of thousands of "experienced" people on the market right now.

Screw your current employees and hire in a few hungry ones.

Nah, continue on. Look around, what you were doing obviously is working out so well.