How Terrible Wouldn't That Be?
"The failure to pay employees well may drive away “the best and the brightest. If you can’t compensate your employees, they’re going to go somewhere else You’re going to get a different variety of folks who are going to come in."
Two obvious questions:
Just where are these "best and brightest" people supposed to go? Are there any companies out there eager to hire people who have just wrecked their companies?
And what's the worst thing that could happen if "a different variety of folks" came in? Could this result in financial companies not making hundreds of billions of dollars of losses?