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Posted on 11/12/14 at 11:16 am to LSURussian
Stockholders for these institutions get the shaft. If they take a huge risk that is successful, the stockholders benefit much less than the guy getting an 8 figure bonus. If the risk goes against the bank, the shareholder gets the shaft. After all it was the shareholders money being used to take the risk. If the government fines the company, who suffers? No one at the bank, whether it be the CEO, traders, etc get fined a cent. The shareholders foot the bill.
Sounds like great work if you can get it.
Sounds like great work if you can get it.
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