Lords of Death Forums Lords of Death Forums LoD General Discussion What is wrong with our economic system

keep in mind there are MANY different operations and divisions within say Merrill Lynch than just CDO and subprime debt serviving. There is sales and trading, private equity, hedge funds, prop trading, i-banking, etc etc etc...
despite sub prime issues, these business units have had GREAT years. The problem is you just cant say, 5% of the organization caused these losses, the rest of you are shit out of luck. The talent is too good, and if say Merrill did that, all those top/good employees would go elsewhere
therein lies the issue
i would even argue that shareholder value would be erroded and the corporation would be put in jeporday if those bonuses were not paid