The IMF Takes Aim at Pay On Wall Street

We donâ??t like to concede that a primary cause of the financial crisis was a Wall Street compensation system that rewarded executives, bankers and traders for taking big risks with other peopleâ??s money without holding them the least bit accountable. And because we donâ??t like to discuss such things in polite company, it is certainly unsurprising that six years later, not a single fundamental aspect of how Wall Street pays its top people has changed.