Wages, Bonuses and Appropriation of Profit in the Financial Industry: The Working Rich

by Olivier Godechot

The 2008 financial crisis led the whole world to ask questions of the financial industry. Why are wages in the financial industry so high? Are bonuses responsible for the financial crisis? Where do bonuses come from? Politicians and others urged people to believe that the crisis was the price of Wall Street's greed and blamed the "bonus culture" prevalent in the financial industry. However, despite widespread condemnation and the threat of tighter...

• Format: Paperback
• Language: English
• ISBN: 1138343803
• ISBN13: 9781138343801
• Release Date: August 2018
• Publisher: Routledge
• Length: 244 Pages