Blankfein’s blind spot

September 9, 2009

Just look at who is in favor of compensation clawbacks, more transparency on derivatives and greater coordination among financial regulators.

Crazy money

July 30, 2009

Wall Street pay is so extreme, so removed from what nearly everyone else thinks is within the boundaries of reasonable compensation, that one can be jaded by the continued talk of sky-high bonuses. Even when the absurdity of the pay practices are pointed out — as it is in a new report from the New York attorney general’s office: