Saturday, February 14, 2009

Bankers threaten brain drain over executive pay caps

HereWhere are they going to go, Europe? Even Canada has a more rational tax system than the United States, and since these people most likely know a lot about money but little about anything else non-English speaking countries are pretty much out for them. Funny, he calls multimillion dollar bonuses "commissions", trying to get on the side of people who make less than $1.5 Million a year. Also threatens that they'll leave and join Hedge Funds. Right. Go on off to Canada, try England, try elsewhere, you have no options.

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