Dick "Fire A-Rod" Bové: Underpaid Bank CEOs Should Seek Yankees Tryout

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The New York Yankees have won one World Series in the past 10 years. They will pay their players $196.9 million dollars this year. The team’s four infielders will earn 40.6% of that or about $80 million in 2012. The four largest banks in the United States employ more than 1 million people and have aggregate assets of $7.6 trillion. The actions of these banks impact virtually every American household. The four CEOs of these banks [JPM, WFC, C, BAC] are expected to earn about $65 million this year. Clearly, society values the New York Yankees infield above that of the leaders of the banking industry even without a World Series ring. [PDF]

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