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Bank comp rules are 'payback time'

Published February 2, 2010 at 4:48 PM
Gustavo Dolfino calls legislation aimed at limiting mile-high banker compensation "payback time" for the risky investments that triggered the financial crisis. The senior managing director for executive recruiter Accretive Solutions and former Smith Barney banker says, however, that dialing up the equity portion of compensation and increasing vesting and holding periods will do nothing to address the reckless lending that crippled the economy. Watch the video below or download it at iTunes. - Suzanne Stevens


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