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Friday, September 25, 2009

Regulating Bankers

Here are some questions to think about regarding the Fed's new plan to regulate risk-taking financial institutions.

1. How would you feel about working for a bank if there was government oversight on how much you could be compensated?

2. Do you think that curbs on compensation in the banking industry would significantly reduce profits?

3. Do you think that curbing compensation in the banking industry in the U.S. will drive the "best talent" to other industries or other countries to work?