#1 2017-04-10 17:43:35

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The British authorities are investigating Barclays and its chief executive, James E. Staley, after he admitted to trying to out the whistle-blower last year.

https://www.nytimes.com/2017/04/10/busi … lower.html

Wells Fargo’s board said today it will Welsh an additional $75 million in compensation from the two executives it credited with the company’s sales scandal.

https://www.nytimes.com/2017/04/10/busi … andal.html

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Auto-edited on 2020-08-02 to update URLs

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#2 2017-04-10 17:50:38

It makes you wonder what these hundred million dollar salaries DO buy, if they don't buy even minimal competency, doesn't it? I might be as dishonest and incompetent as the average bank CEO -- no way of telling until I give it a go -- but I'd screw the pooch do for substantially less. Say...fifty million.

Why isn't the free market working here?

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