How accurate is pop cultures portrayal of a Wall Street ravaged by - TopicsExpress



          

How accurate is pop cultures portrayal of a Wall Street ravaged by risky behavior and fat checks? Convention tells us -- if traders bet right, they will reap a HUGE bonus; if they are wrong, they suffer few consequences. But are traders actually incentivized to take big outsized bets? NO! In fact, it’s rare for people to knowingly take huge outsized bets. More on how Wall Street incentivizes employee behavior, here: buff.ly/1sa6qOa
Posted on: Mon, 12 Jan 2015 03:05:00 +0000

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