Tuesday, February 10, 2009

Decapitating executive pay.

Decapitating executive pay. The more we learn about how the global banking industry has been managed in the last decade, the more we realize that simply limiting executive compensation will not be enough to match the profundity of the crimes committed against working people and taxpayers.

We citizens should respond in more visceral terms, resulting in something like this for the CEOs and the risk managers and the boards of Citibank and Bear Stearns and AIG and Merrill Lynch and all the rest...

Image source.