Where the Climate Buck Stops
Climate superfunds are a sensible way to put some of the costs back where they belong, but we’ll get them only if the public demands them.
The bonuses and compensation at Merrill Lynch are front-page news in today's Wall Street Journal; here's the teaser from their site:
Merrill's $10 Million Men
Top 10 Earners Made $209 Million in 2008 as Firm Foundered
Here's the link, but it's a subscriber-only article.
Meanwhile, here's a piece by Jim Hightower on Wall Street compensation from his website:
EX-WALL STREET CEO'S STILL GETTING PERKS
"Bank executives might leave, but perks often linger," www.statesman.com, February 22, 2009.