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Topic: Yesterday's News?
13. April 2006
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Re: Charlie Replies to Joe
by Joe on Sun 09 Apr 2006 12:45 AM EDT  |  IP: 24.252.200.38
It is funny, Charlie, but what you said really makes a good point.

If
our present system rewards as much as 20 percent of the wrong people
(Mr. Volcker's opinion?), then that means we reward 80 percent of the
right ones.

I have yet to read about any pay for performance system ever which consistently rewards 80 percent of the right people.

Very good point, Charlie….

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