Wednesday, May 13, 2009
Compensation Guidelines | Financial Literacy via Video Games?
Obama administration wants to change compensation practices across the financial-services industry. WSJ Reports. Under consideration incorporating compensation as a “safety and soundness” concern on Bank examinations as well as expanding SEC and Fed powers. MORE
Dealbreaker notes: Work for a bank that took any TARP money or not? Senior hire? Low man on totem pole? Fed will "ask or tell banks to structure their compensation, not just at the very top level but down much further." HAVE YOUR KIDS READ THIS:
Financial literacy through video games? Former legislator/entrepreneur hit the road to tout his venture for building financial literacy among teens through video games. View photos You can always play a Video game at bottom of Compliance and Financial Oversight .
Posted by Stuart Rosenthal