{"id":1088,"date":"2009-04-13T06:47:41","date_gmt":"2009-04-13T14:47:41","guid":{"rendered":"http:\/\/hodakvalue.com\/blog\/?p=1088"},"modified":"2009-06-09T19:44:57","modified_gmt":"2009-06-10T03:44:57","slug":"where-else-could-they-go-2","status":"publish","type":"post","link":"http:\/\/hodakvalue.com\/blog\/where-else-could-they-go-2\/","title":{"rendered":"“Where else could they go?” Pt. 2"},"content":{"rendered":"

\"\"<\/p>\n

The NYT provides a good story about how the Wall Street pay restrictions may be having its effect<\/a>.\u00a0 Some of the remaining glib tropes we’ll undoubtedly to hear:<\/p>\n

– “So what?\u00a0 How much can these people have been worth to companies they helped drive under?”<\/p>\n

– “They don’t need these people.\u00a0 The industry had to shrink anyway.”<\/p>\n

– “These people are just being greedy, looking for other ways to get rich doing useless things.”<\/p>\n

In the meantime, we taxpayers will reap the ‘benefits’ of our government’s politically driven HR policies at institutions completely dependent on the quality of their human resources.\u00a0 What we’ve saved from not “wasting” money on compensation, what we’ve cathartically gained from “tough talk” to the bankers, we will lose a thousand-fold from sub-optimal bank earnings and, in New York’s case, crippled tax collections<\/a>.\u00a0 Hopefully, the NYT will run a story on those items when they happen, as well.<\/p>\n","protected":false},"excerpt":{"rendered":"

The NYT provides a good story about how the Wall Street pay restrictions may be having its effect.\u00a0 Some of the remaining glib tropes we’ll undoubtedly to hear: – “So what?\u00a0 How much can these people have been worth to companies they helped drive under?” – “They don’t need these people.\u00a0 The industry had to […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,25,9],"tags":[],"class_list":["post-1088","post","type-post","status-publish","format-standard","hentry","category-executive-compensation","category-reporting-on-pay","category-unintended-consequences"],"_links":{"self":[{"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/posts\/1088","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/comments?post=1088"}],"version-history":[{"count":4,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/posts\/1088\/revisions"}],"predecessor-version":[{"id":1422,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/posts\/1088\/revisions\/1422"}],"wp:attachment":[{"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/media?parent=1088"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/categories?post=1088"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/tags?post=1088"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}