Record Bonuses On Wall Street After Financial 'Reform': MSNBC w/ Cenk

[CherylK]

Run time: 09:14 https://www.youtube.com/watch?v=OMo7MkeKvt4   Posted on YouTube: October 12, 2010 By YouTube Member: TheYoungTurks Views on YouTube: 302   Posted on DU: October 13, 2010 By DU Member: CherylK Views on DU: 937

 
Cenk Uygur (host of The Young Turks) filling in for Chris Jansing on MSNBC Live talks to William Cohan about how a flawed incentive structure allows Wall Street bankers to screw the economy.

[Skittles]

1. it's what happens when you demand no accountability

[ihavenobias]

2. If someone angrily unrecs this video does it make the financial reform stronger?

I hope so, but I doubt it.

;)

[democracy1st]

3. K & R

[sulphurdunn]

4. I wonder

many people work on Wall Street, how many partake of this largess and what the bonus range is? I cannot seem to find this information by looking for it. Can anyone help me?

[kdtroxel]

5. Keep up the good work, TYT

Good point about requiring Wall St. to have some skin in the game with partnerships.

[Hubert Flottz]

6. Gangsters learned about a hundred years ago that if you own

enough politicians, judges, cops and lawyers to back up your crooked book keepers, there's no limit to what you can get away with stealing of killing. Think of wall street and the big banks as the Capone Gang gone national.