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Sylvia Maxfield Associate Professor of Management at Simmons College Interviewed on NPR
Investment firm Goldman Sachs recently reported big, third quarter profits providing a bright example of economic recovery on Wall Street. But the good news was not received well on Main Street after the company announced its plans to hand out billions in bonuses. Sylvia Maxfield, an Associate Professor of Management at Simmons College and former senior Sovereign Analyst at Lehman Brothers talks about the practice of giving out bonuses. And Emmy award winning journalist Valerie Coleman Morris discusses the anger behind the announcement and how much control does the government really have over investment firms on Wall Street.
Click here to listen to"Wall Street Bonuses Spur Outrage."