Lately my daily dose of CNBC has become almost as hard to stomach as listening to Rush back home. If you listened to CNBC you'd think that limiting bankers' compensation would absolutely backfire because they will simply find jobs elsewhere.
Really? If the rule is applied across the board where will they go?
The
answer is not Great Britain. Bankers there will be limited to bonuses under $3000.
Who proposed this in Great Britain? The leader of the Conservative party.
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