From today’s Guardian (one of the best online sites for a major newspaper). The only historical parallel one can think of is the behaviour of the Roman court at the time of Tiberius and Caligula
At one point last week the Morgan Stanley $10.7bn pay pot for the year to date was greater than the entire stock market value of the business. In effect, staff, on receiving their remuneration, could club together and buy the bank.
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One of the themes of my keynote at ActKM in Canberra this week was the ...