For someone who has generated millions of dollars of profit and value for investors and pensions over the years.

But some of you do not understand that.

Institute the cap - this is what will happen:

First of all Goldman Sachs will give back the Gov't investment and remain best in class - taking all the business and rainmakers from the banks that still have to deal with the cap and the mediocre talent it engenders.

Hedge Funds and Private Equity Firms - while going through a brutal rationalization phase - will move offshore and out of the scrutiny of a bunch of politicians who have never made money a day in their lives.

The business will right size itself through brutal job cuts. It will be tougher - like it was in the past; to get into cutting edge finance.

The best guys will get paid - much more than the $500K everyone is whining about. Working for a bank that is Gov't owned will be anathema and the Gov't and the tax payer will suffer those consequences.

You want top notch financial advice G-Man, you gotta pay for it. Oh and btw, our best guys cost a lot more than the pansies you have working for you.

It will be a return to the world of high finance in the 60s and 70s - people will still make obscene amounts of money. The cream will rise to the top and the rest of you will have no idea.

The eggheads have the ball now, so they can govern with their Ward 3 rules, but don't forget - The Street always comes back.

Please see below:

>>>>

The business will right size itself through brutal job cuts. It will be tougher - like it was in the past; to get into cutting edge finance.

>>>>

To further explain: in a right sized market - where the glut of bankers has been weeded out, compensation should return to equilibrium i.e. pre-glut levels, which is much higher than the $500K being proposed by President Obama.

Apparently your grasp of schumpeterian economics and supply and demand is a little lacking.

Stick to your day job.

2 observations;

Mad Men is a show about white people, for white people. It also plays to women's SATC fantasies now that SATC isn't on TV... enjoy but please don't pretend it has any meaning.

Secondly, you were the same person giving Ghostface Killa hell for expressing similar sentiments in his interview... yet you reproduce those same sentiments here.

I guess it's acceptable only when enlightened feminists come to that realization.