Bankers’ salaries

In the wake of all this public anger over bankers’ salaries, and within weeks of taking office, Barack Obama is proposing “common sense” executive pay guidelines—at least in companies receiving government money. These measures call for executive salaries not to exceed $500,000;…

This American Life and the financial fiasco

This American Life had a show a few months ago that I just discovered.  In my mind this is the best description of the financial fiasco I’ve heard.  it is worth listening to. You can also download the transcript as a PDF….