Friday, August 21, 2009

Rise of the Super-Rich Hits a Sobering Wall

http://www.nytimes.com/2009/08/21/business/economy/21inequality.html?_r=1&scp=1&sq=super-rich%20hits&st=cse

---------- Forwarded message ----------
From: barry levine
Date: Fri, Aug 21, 2009 at 8:37 AM
Subject: re: Rise of the Super-Rich Hits a Sobering Wall
To: letters@nytimes.com


To the Editor:
The pool of unemployed Wall Street bankers who were getting multi-million dollar compensation a year or two ago should put to rest the myth that such pay packages are necessary to get and keep talented investment bankers. These guys have real expenses; make 'em an offer. But let them compete in the real market of supply and demand, not in the fantasy world of other people's money.
Barry Levine

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