Feb5
Scrutiny of Bankers’ Perks Will Grow, Too
It’s not just bonuses that big businesses hand out, it’s other little perks, like country club dues, gym memberships, personal assistants, home security systems, chauffeur service and parking. Oops, let’s not forget the luxury private jets. Halleljah! I want to be abanker in my next life.
“Like bonuses, these extravagances are likely to come under greater scrutiny. Indeed, in announcing a salary cap on Wednesday for some institutions receiving government financial aid, President Obama also called for greater corporate review of “excessive or luxury items” for executives.”
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