The U.S. House of Representatives on Friday passed a bill that would allow regulators to cap or prohibit Wall Street bonuses and compensation packages for executives if such pay practices are deemed to enduce or encourage excessive financial risk-taking that could damage economic conditions.
Posts
co·nun·drum (kə-nŭn'drəm)
ReplyDeleten.
A paradoxical, insoluble, or difficult problem; a dilemma
I'm not a fan of regulation per se, but how do you ensure a free market is incentivized without allowing for abuse and potential economic disaster? It's a conundrum for sure ...