End Washington-Wall St revolving door

December 16, 2010

The revolving door between government and Wall Street is wrong, antithetical to both democracy and capitalism and ought to be stopped.

Learning from Ken Feinberg

By J Saft
March 25, 2010

Sometimes it’s what doesn’t happen that is most illuminating.

When Pay Czar Kenneth Feinberg first slashed executive compensation at U.S. firms that benefited most from a government bailout the cry was that this would hurt these weakened firms when they could least afford it, as the best and brightest would leave for better money elsewhere, where the free market still ruled.