Since the Obama administration appears to be willing to accept the status quo - or something very close to it - in the world of finance, is it any wonder that a study of recent pay practices of 200 companies shows that there is even more of a focus on short-term incentives? Dropping tax gross-ups? Forget about it! Giving stock simply for showing up? Of course!
And what will Geithner and company say when the s**t hits the fan again? It will, unless actions are taken now.
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