Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Why would management have different incentives than traders ?

If the bank isn't doing as well as the competition, it's going to be bought and management fired, anyway...

Un roi sans divertissement est un homme plein de misères

by linca (antonin POINT lucas AROBASE gmail.com) on Wed Feb 13th, 2008 at 10:27:08 AM EST
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That's where regulation comes in...

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Wed Feb 13th, 2008 at 10:53:23 AM EST
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The Hun is always either at your throat or at your feet. Winston Churchill
by r------ on Wed Feb 13th, 2008 at 11:00:02 AM EST
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