Contrasting Emotions!
Why don’t Wall Street bankers get this simple fact? It is not about how much money one makes but it is all about how much “value” one delivers! Don’t they teach this in all our MBA schools? Isn’t it Finance and Marketing 101?? It is frustrating to see a formidable statesman and businessman like Bloomberg not getting it either!!! It saddens me when WSJ reports (whines) in the same breath that the average employee of Goldman Sachs is paid “only” $292,836 (roughly, 6 times the US Median income) and that it swung to a $393 million third-quarter loss, mired in markdowns from equity investments and declines in underwriting and fixed-income trading.
Wake-up guys!!!
