{"id":3888,"date":"2009-12-07T18:13:56","date_gmt":"2009-12-07T23:13:56","guid":{"rendered":"http:\/\/blogs-devl.bu.edu\/bunow\/?p=3888"},"modified":"2011-02-17T16:46:16","modified_gmt":"2011-02-17T21:46:16","slug":"wall-street-whining-about-pay","status":"publish","type":"post","link":"https:\/\/blogs-devl.bu.edu\/bunow\/2009\/12\/07\/wall-street-whining-about-pay\/","title":{"rendered":"Wall Street whining about pay"},"content":{"rendered":"<p><img loading=\"lazy\" class=\"alignleft size-full wp-image-3889\" src=\"http:\/\/blogs-devl.bu.edu\/bunow\/files\/2009\/12\/U.S.-money.jpg\" alt=\"U.S. money\" width=\"83\" height=\"135\" \/>With Washington&#8217;s &#8220;pay czar&#8221; setting limits for executives of bailed out Wall Street firms, five high-ranking execs at AIG <a title=\"reportedly\" href=\"http:\/\/www.reuters.com\/article\/idUS40649417820091207\" target=\"_blank\">reportedly<\/a> are ready to quit if their compensation is cut significantly.\u00a0 Law Professor <a title=\"Tamar Frankel\" href=\"http:\/\/www.bu.edu\/law\/faculty\/profiles\/bios\/full-time\/frankel_t.html\" target=\"_blank\">Tamar Frankel<\/a>, an authority on securities law and legal ethics, says maybe its time to both change the guard and change the mores that presume top pay equals top-quality management.<\/p>\n<p><em>\u201cWe need those who care about the economy and their contribution to their corporations. \u00a0Most of all, we need to change our evaluation of management &#8212; pay alone should not signify value.\u201d <\/em><\/p>\n<p>Contact Tamar Frankel, 617-353-3773, <a href=\"mailto:tfrankel@bu.edu\">tfrankel@bu.edu<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>With Washington&#8217;s &#8220;pay czar&#8221; setting limits for executives of bailed out Wall Street firms, five high-ranking execs at AIG reportedly are ready to quit if their compensation is cut significantly.\u00a0 Law Professor Tamar Frankel, an authority on securities law and legal ethics, says maybe its time to both change the guard and change the mores [&hellip;]<\/p>\n","protected":false},"author":114,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4491],"tags":[78,113,1236,1246],"_links":{"self":[{"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/posts\/3888"}],"collection":[{"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/users\/114"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/comments?post=3888"}],"version-history":[{"count":5,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/posts\/3888\/revisions"}],"predecessor-version":[{"id":8254,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/posts\/3888\/revisions\/8254"}],"wp:attachment":[{"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/media?parent=3888"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/categories?post=3888"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/tags?post=3888"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}