(Library ebook) Wages, Bonuses and Appropriation of Profit in the Financial Industry: The working rich (Routledge International Studies in Money and Banking)
||About the Author||Olivier Godechot is codirector of MaxPo, Sociology Professor at Sciences Po and Research Professor at CNRS, France.
The 2008 financial crisis led the whole world to ask questions of the financial industry. Why are wages in the financial industry so high? Are bonuses responsible for the financial crisis? Where do bonuses come from? Politicians and others urged people to believe that the crisis was the price of Wall Street’s greed and blamed the "bonus culture" prevalent in the financial industry. However, despite widespread condemnation and the threat of tighter reg...
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