Casino Banking, Quant Schools, Bad Banks, Clawbacks and More

JP Morgan's $2 billion trading gaffe continues to make headlines, closely followed by Facebook's IPO, as well as the search for tech talent and quants. Wall Street & Technology keeps you in the loop by compiling some of the best quotes of the week.
May 18, 2012


3. Clawbacks

"It's all well and good to talk about clawbacks, but there are not many instances where they have been used."

— Kenneth Feinberg, the former U.S. government special pay master under the Troubled Asset Relief Program, who is now a lawyer in private practice.

Source: The Wall Street Journal

Wall Street & Technology encourages readers to engage in spirited, healthy debate, including taking us to task. However, Wall Street & Technology moderates all comments posted to our site, and reserves the right to modify or remove any content that it determines to be derogatory, offensive, inflammatory, vulgar, irrelevant/off-topic, racist or obvious marketing/SPAM. Wall Street & Technology further reserves the right to disable the profile of any commenter participating in said activities.

 
Disqus Tips To upload an avatar photo, first complete your Disqus profile. | Please read our commenting policy.
 
< Previous1 2 3 4 5 6 7 Next > 

< Previous1 2 3 4 5 6 7 Next >