Comments for Pay Limits and Financial Reform at http://www.fixedincomecolor.com , comment 1 to 2 out of 2 comments http://www.fixedincomecolor.com Wed, 10 Mar 2010 12:04:42 +0100 FeedCreator 1.7.3 http://www.fixedincomecolor.com/articles/rates-economics/261-pay-limits-and-financial-reform#comment-4 Bill, I agree with you re: exec. compensation. As soon as a regulation is passed new stock options or other forms of compensation will appear. It seems that every 10 - 20 years the U.S. experiences credit problems: 1970 - liquidity crisis around the world, savings and loan crisis in late 1980's, and present problem. Without the government over regulating, I would hope that some credit guidelines for once would be passed to provide guidance on which loan programs( ie no doc mortgages are not allowed period. Stuart - Stuart Stern Mon, 02 Nov 2009 10:58:53 +0100 http://www.fixedincomecolor.com/articles/rates-economics/261-pay-limits-and-financial-reform#comment-3 Bill, Well said! However, "excessive bonuses" create much bigger political risks, than financial. Assuming the economy "flat-lines" and unemployment stays high into the 2010 elections, whoever can "capture" the understandable mainstreet anger (that million dollar bonuses to executives whose firms received tens of billions of dollars in taxpayer bailouts creates) is going to make big strides politically. Further its mainstreet taxpayers who will shoulder the consequences (e.g. big-time dollar devaluation with potentially massive inflation to follow) of the expected $9 trillion deficit over the next ten years that results from those bailouts. The only "solution" is that the economy grows faster than the debt, an outcome that appears "highly hopeful" at best. Charlotte - Charlotte Mon, 02 Nov 2009 05:23:40 +0100