Anon Archived Regulators Don't Want Bankers to Be Paid for Taking Risk (bloombergview.com)
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Anon Archived Regulators Don't Want Bankers to Be Paid for Taking Risk (bloombergview.com)
submitted ago by 998546?
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[–] FSB 0 points 1 point 1 point (+1|-0) ago
Of course. Banker logic: Transaction one: 10 Million profit, get Bonus of 10000 Transaction two: 10 Million lost, don't get Bonus Transaction three: 10 Million lost, don't get Bonus
Sum up the Bonus: it's 10000. For a 10 Million loss in sum.
Of course, it's more complicated that that, but the concept is the same...