Burtless Calls Fed Bank-Pay Proposal Sensible, Overdue: Video

Oct. 23 (Bloomberg) -- Gary Burtless, a senior fellow at the Brookings Institution, talks with Bl...  More »

Oct. 23 (Bloomberg) -- Gary Burtless, a senior fellow at the Brookings Institution, talks with Bloomberg's Margaret Brennan about the Federal Reserve's proposed new guidelines on compensation practices in the banking industry. The Fed said it will launch a review of the 28 largest firms to ensure compensation packages don’t create incentives for the kinds of risky investments blamed for the financial crisis. (Source: Bloomberg)  « Less