Publication
Feb 2010
Many people argue that inappropriate compensation policies in financial companies contributed to the World Financial Crisis. Some say the overall level of pay was too high. Others criticize the structure of pay, claiming that contracts for CEOs, traders, and other key professionals induced them to pursue excessively risky and short-term strategies.
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English (PDF, 8 pages, 84 KB) |
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| Author | Squam Lake Working Group on Financial Regulation |
| Series | CFR Working Papers |
| Publisher | Council on Foreign Relations (CFR) |
| Copyright | © 2010 Council on Foreign Relations (CFR) |