Comment Re:Bosses earn too much (Score 1) 1018
Your comment is insightful only if you're talking about the economy, minus the financial sector. In the rest of the economy, I mainly agree with you. Not in finance, which is what this article was about. In finance, as other posters have noted, there is no real risk for the leaders of the companies. You get to practice what would be considered fraud in any other industry, with the complicity of the federal government (slash Federal Reserve, which can't really be considered part of the gov't). The details of how to collect the money really can be left to idiots when the world's most powerful organizations conspire to prop up your business (e.g. Fed guaranteeing inflation to force people to keep money in banks, regulators allowing the creation of money out of thin air, despite the US constitution clearly putting that power in the hands of congress, propping up of the stock market through multiple members of the "plunge protection team", massive tax incentives that make earning your income off of investing cheaper than having a role in the productive economy, etc, etc).