The Full Feed from HuffingtonPost.com: Obama: Wall Street Should Change Executive Pay Incentives

The Full Feed from HuffingtonPost.com The Full Feed from HuffingtonPost.com

Obama: Wall Street Should Change Executive Pay Incentives Oct 24th 2012, 05:27 WASHINGTON -- President Barack Obama, who once called bank executives "fat cats" and their pay "obscene," says Wall Street needs to change executive pay incentives that reward risky bets that can yield fortunes but can also devastate financial institutions. In an interview with Rolling Stone magazine, Obama says that despite congressional passage of a financial regulation overhaul in 2010, there still are not enough adequate means of holding risk takers in the industry accountable if their investment schemes fail. Read More... More on Barack Obama

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