To be sure, the executives lost their jobs and now must drop claims for additional compensation. But, according to the FDIC, the four still earned more than $95 million from January 2005 through September 2008. This is what happens when financial executives are compensated for ?return on equity? unadjusted for risk. The executives get the upside when things go well; when the downside risks materialize, they lose nothing (or close to it).
Source: http://feeds.slate.com/click.phdo?i=5c423b18292a57ed5fa3613d1ed1543d
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