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What Brought Merrill To Its Knees

HakkaThaileen

Alfrescian
Loyal
"... Wall Street's pay structure, which gave huge bonuses based on ephemeral profits, encouraged employees to act like gamblers at a casino.

It allowed them to collect their winnings while the roulette wheel was still spinning
..." - The Sunday Times, 21 Dec 2008

Is our local million-dollars salary structure also modelled after the Wall Street's pay structure...? If it is the case, disaster is in the brewing..
 
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