Assistant Professor | Finance, Real Estate, & Law | Cal Poly Pomona
Notice how people both feel that they (a) deserve their bonus and (b) budget their fixed expenses and lifestyle as if they are going to get their bonus. Is there any wonder you see so many people not report problems or actively “race to the bottom” in terms of ethics?
— Mike Konczal (Roosevelt Institute), on Wall Street
People who don’t have money don’t understand the stress.
— Alan Dlugash (Marks Paneth & Shron LLP), on the 14% drop in Wall Street bonuses
Shouldn’t those who complain about the undeserving poor also worry about the undeserving rich?
— Mark Thoma (University of Oregon)