Has Wall Street Risk Taking Changed At All Since Crisis?

The video discusses the issues of compensation and incentives on Wall Street, highlighting how they encourage risky behavior. Despite some changes, the fundamental problems remain, with leaders like Lloyd Blankfein having the potential to drive reform. The relationship between the New York Fed and Wall Street is also explored, emphasizing its historical roots and the lack of effective regulation.

What is the main issue with the compensation system on Wall Street as discussed in the video?

• Employees are not paid enough.

• Bonuses are not distributed fairly.

• The incentive system encourages risky behavior.

• There are too many employees.

Who is identified as a potential leader for changing the compensation system on Wall Street?

• James Gorman

• Bill Cohen

• Lloyd Blankfein

• Jamie Dimon

What is suggested as a way to ensure accountability among top executives at Goldman Sachs?

• Tying their compensation to the company's net worth

• Offering more stock options

• Reducing their bonuses

• Increasing their salaries

How is the relationship between the New York Fed and Wall Street described?

• Independent

• Competitive

• Symbiotic

• Hostile

Why have interest rates been kept low according to the video?

• To support small businesses

• To encourage consumer spending

• To benefit Wall Street

• To control inflation