Dave (the rational Dave)
2009-03-18 21:05:42
Old soldier, you and I would take the million $, but the guys that hit director level and above in these firms have egos and big ambitions and see these bonuses as just one years income. You shut down their future revenue stream and they will magically see the light.
I know it is little consolation for you and me, but the goal should be to get these guys to act with more than their next 12 months bonus in mind. Cutting them off from the good jobs (with an objective, non political measure) will have the effect of getting these guys to abandon some of their ambivalence to stupid risk.
