> JJ wrote:
> Unrelieved greed _with_ matching performance is still perfectly fine.
>

But that's exactly what got us into this mess.  Why?

Your word "performance".

For the last 25 years, executives and wall street have essentially
lied about "performance", both in terms of what it is and how it's
measured.

What you see happening right now is that unraveling of fake
performance but the burglars are good!  They're taking the jewels on
their way out.

Which is why the bonus issue is no small thing.

So what changes would we need to make?

Take Robert's ridiculous over-arching criticism of Obama; after 45
days.  That's doltish and a symptom of the culture that's been
created: gimme gimme gimme now noW nOW NOW!

"Performance" is now measured over the scale of micro-seconds (day
traders?  DAY?? w.t.f.) and on fecked up works of fiction called 10Ks.

So I agree with you if when we say performance we're talking over the
course of years, say 5, as measured by a true accounting of assets vs.
liabilities and risks.

And those rewards should go to all employees.

And union pay should aligned performance.

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