[This article was published in An-Nahar 24 February, 2019] When I worked on Wall Street a few years ago, I could sense that something was wrong in our compensation mechanism. We got huge bonuses if things went well that year, but the downside was always limited. Take a trader who committed firm capital, a bet, if you will, on a certain [...]Dan Azzi
Quis custodiet ipsos custodes?
[This article was originally published in An-Nahar on February 2, 2019] The United States buys a Japanese Toyota, German BMW, Korean Kia, or Chinese Dongfeng, made of steel, leather, glass, computer chips, engines, and significant workmanship and design. They pay using pieces of paper (water-proof cotton, to be precise); with “In God We [...]Dan Azzi