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November 10, 2011 06:02 pm PST
Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/HfvG7q6Ygxk/taleb-banker-bonuses-should-b.html
Taleb: Banker bonuses should be banned
Nassim Nicholas "Black Swan" Taleb has an NYT op-ed arguing that the best way secure the financial system from future collapse is to eliminate bankers' bonuses altogether. Taleb says bonuses reward risk-taking behavior without any counterbalancing punishment for bad risks, which provides an incentive for bankers to take stupid risks and hide their mistakes with [...]Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/HfvG7q6Ygxk/taleb-banker-bonuses-should-b.html
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