Wednesday, October 17, 2012
John Mack: 'Unbelievably Generous' Wall Street Compensation Will Have To Come Down
Today on Bloomberg TV's "Market Makers" co-anchor Stephanie Ruhle asked Wall Street legend John Mack if he thought there should be celebration of many of the one-percent living the American dream.
The former CEO and chairman of Morgan Stanley's answer suggests that Wall Street's compensation and the way it showed off that pay needs to change. http://www.businessinsider.com/john-mack-wall-street-compensation-2012-10?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+clusterstock+%28ClusterStock%29
Posted by Michele Kearney at 12:40 PM