Put Wall Street bonuses to work by rewarding the watchdogs
Wall Street executives are getting plenty of criticism for handing out $18 billion in bonuses to themselves last year. But maybe there’s a way to put bonuses to good use?by paying them to regulators who help keep the system in check. Andrew Ross Sorkin, chief mergers and acquisitions reporter for the New York Times, joins Adaora and Alvin Hall to talk about the idea of rewarding watchdogs with cold, hard cash.
At The World, we believe strongly that human-centered journalism is at the heart of an informed public and a strong democracy. We see democracy and journalism as two sides of the same coin. If you care about one, it is imperative to care about the other.
Every day, our nonprofit newsroom seeks to inform and empower listeners and hold the powerful accountable. Neither would be possible without the support of listeners like you. If you believe in our work, will you give today? We need your help now more than ever!