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by sethb
6192 days ago
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His main point was, the more responsibility you take on, the richer you can become. In the financial industries, only the best talents get the type compensation that would qualify them as "rich". It's basically like becoming a Major League Baseball player, so I wouldn't call it a "safe" job. At that level the rewards are high, but the leash is even shorter. I'd go as far as saying that the unreasonable amount of risk these institutions took on was mainly because of that short leash (much like MLB players taking steroids, and how that whole saga played out). The pressure to perform is astronomically higher. These guys handle quite a few more figures than your typical everyday banker, and thus fit the criteria. |
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