While the average American worker faces frozen wages, furloughs, plundered retirement funds, and double-digit unemployment, top Wall Street producers stand to reap millions.
In the midst of the biggest economic crisis since the Great Depression, how can investment bankers believe they deserve such princely pay packets? How did short-term shareholder value become such a short-sighted corporate goal? Does today's financial crisis differ from past boom and bust cycles? And what would it take to instigate meaningful reform?