Sunday, February 15, 2009

What brains?

Here's what struck me as an odd passage from article in the NY Times that discusses the Obama administration's response to a Congressional proposal that would block executives of banks receiving federal assistance from receiving bonuses:
Top economic advisers to President Obama opposed the pay restrictions, according to Congressional officials, warning lawmakers behind closed doors that they would cause a brain drain in the financial industry.
A brain drain? What brains?!

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