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‘Why are banks giving out bonuses to execs who leave to work for the government?’
Wednesday, December 10, 2014 23:26
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We’ve discussed this before. Why are the behemoths of Wall Street paying bonuses to executives who do tours in Washington?
Could it be that the banks see it akin to serving in the National Guard or something, that these executives are helping their fellow man and so deserve a little something extra?
Yeah.
No. More likely they are paying these guys extra money because the banks know that having representatives at the very highest levels of government is very profitable and a good form of insurance.
http://www.againstcronycapitalism.org/
Source: http://www.againstcronycapitalism.org/2014/12/why-are-banks-giving-out-bonuses-to-execs-who-leave-to-work-for-the-government/
