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Setting financiers' pay, bailed-out or no?

Larry Ribstein takes a first look at some truly remarkable, and disturbing, ideas coming out of Washington: "The key difference in the stories is in the lead paragraph of the NYT story that the Obama administration was considering 'moving beyond banks to include more loosely regulated hedge funds and private equity firms.'"

At least we can take solace that the federal government would never think of limiting what anyone in the legal fraternity might earn by way of suing banks.

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Rafael Mangual
Project Manager,
Legal Policy

Katherine Lazarski
Manhattan Institute


Published by the Manhattan Institute

The Manhattan Insitute's Center for Legal Policy.