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Bankers Are Like Movie Stars And Deserve To Be Paid Like Them

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"Bill George, Professor of  Management at Harvard Business School and a Goldman boardmember responded to a couple of Big Think's questions about banker pay recently," summarized Business Insider. "George compares bank talent to movie stars:

"The shareholder value is made up in people and you need the people there to do the job.

"If you don’t pay them for their performance, you’ll lose them. It's much like professional athletes and movie stars."