“I wouldn’t begin to say how much money you should make on Wall Street,” Mr. Feinberg said in an interview last week, as he prepared to slash pay for the top 25 earners at seven firms that received significant government aid. “I’ve never worked on Wall Street. I don’t claim to know the ethos of Wall Street.”

Pay Czar Doubts Cuts Will Make Bankers Leave [NYT]

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Comments (97)

  1. Posted by guest | October 23, 2009 at 10:56 AM

    Greg -
    This is without a doubt your best post ever.
    Rex Reed

  2. Posted by guest | October 23, 2009 at 10:59 AM

    @1 Bastard! Beat me to it.

  3. Posted by guest | October 23, 2009 at 11:00 AM

    vast majority of people who are worth anything have already left, no?

  4. Posted by guest | October 23, 2009 at 11:01 AM

    @ 3 = gay

  5. Posted by pfluger | October 23, 2009 at 11:05 AM

    The Ethos of Wall Street is a friend-a-mine.
    Cawl me, Kenny. Cawl me now!
    -cg

  6. Posted by guest | October 23, 2009 at 11:05 AM

    4= still stuck at bac

  7. Posted by Don DeFore | October 23, 2009 at 11:06 AM

    Feinberg is a fink.

  8. Posted by guest | October 23, 2009 at 11:08 AM

    Tell Feinberg we have no ethos. That Prick.
    SAC

  9. Posted by guest | October 23, 2009 at 11:20 AM

    Lets simplify this…Quote Feinburg: “I have no idea what the f*ck I am talking about”

  10. Posted by Apollo | October 23, 2009 at 11:31 AM

    However, Feinberg will follow up with these 25 individuals on something he is very familiar with the ethos of: circle jerking and midnight elephant walks.
    ba-da-bing

  11. Posted by guest | October 23, 2009 at 11:38 AM

    hey government, stay the fuck out of the private sector, dont bail anybody out and dont regulate pay, what a slap in the face to capitalism

  12. Posted by guest | October 23, 2009 at 11:40 AM

    Greg – you’ve discovered your niche! All your posts should be presented without comment. Ideally without your by-line or better still without any actual involvement on your part. Kudos!

  13. Posted by guest | October 23, 2009 at 11:54 AM

    hey masters, how is it appropriate that the taxpayers cover your counterparty risk?

  14. Posted by pfluger | October 23, 2009 at 12:12 PM

    @14:
    You’re the Ethos of Wall Street, right?

  15. Posted by guest | October 23, 2009 at 12:35 PM

    Exactly.

  16. Posted by guest | October 23, 2009 at 1:00 PM

    Surprised no one made an analogy between Feinberg and Greg. Not that I would.

  17. Posted by guest | October 23, 2009 at 1:41 PM

    Engineering salaries are down about 40% from a few years ago. They should make more than anyone does on Wall St, IMO….

  18. Posted by pfluger | October 23, 2009 at 2:41 PM

    @18:
    Any opinions on professional athletes, real estate developers, and actors?
    - The Ethos of Wall Street

  19. Posted by guest | October 23, 2009 at 2:53 PM

    Wall Street! Fuck me. I mean, say what you like about the tenets of National Socialism, Dude, at least it’s an ethos.
    -Walter Sobchak

  20. Posted by pfluger | October 23, 2009 at 3:09 PM

    @20:
    Its not true!
    - The Pathos of National Socialism

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