Should governments intervene to prevent bankers being paid large bonuses by their com

Should governments intervene to prevent bankers being paid large bonuses by their companies? I really think they should. If they deserve a bonus make it be a reasonable one, but not one that is outrageous.

 

If it's a private institution (that didn't take any bailout money) and the company wants to pay it, go for it. The government should have no say in the matter.

 

I would be uncomfortable with the government setting a wage cap on a company unless that company still owed the government bailout money. Or unless that company benefits from any legislative tax breaks or subsidies. Or unless that company benefits from being exempt from any government program or regulation that any other single business has to abide by (including stuff like new healthcare rules). Or unless that company has any kind of exclusive contract to do business with the government. Or unless...

Basically, if a company makes one thin dime off of any dealing with the government whatsoever, in any way shape or form, that does not apply exactly the same to any other business or individual that exists, then that company should expect to abide by whatever else the government tells them to do...including telling them how much they can pay their executives. Only if they never receive any special considerations from any segment of the government or from any government rules or officials should they expect the government not to tell them what to do.

 

No government oversite whatsoever. It is the shareholders who decide.
IF, they have not taken bailout money that is.

 

Only if they want their deposits insured by the FDIC. If they want to forego this government guarantee, then they can pay their top brass whatever they want to pay them. It just seems that we the tax payer would be on the hook for all of their losses if it came to that but we have no say in how recklessly they spend their money? Whatupwithdat?

Then the real question becomes, would you deposit your money in a bank that didn't have and FDIC guarantee?