Warren Buffett Has the Right Idea

by Andy on January 22, 2010

I concur:

Still, Mr. Buffett did offer one tough general opinion: make sure the bosses of failing banks — and their spouses — pay very, very dearly. “If I was running things, if a bank had to go to the government for help, the C.E.O. and his wife would forfeit all their net worth,” he said. “And that would apply to any C.E.O. that had been there in the previous two years.”

via Buffett Really Wants to Punish Failed Bankers

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