Jesse Fried Argues for Government Clawback of Executive Bonuses

San Francisco Chronicle, September 29, by Jesse Fried
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2008/09/29/ED201385J9.DTL

“The cost of cleaning up Wall Street’s debacle must not fall entirely on taxpayers’ shoulders; those who profited from the derivatives casino should directly chip in. Clawing back executives’ bonus pay will also make future decision-makers think twice before taking similar financial gambles, reducing the likelihood that another generation of Americans will be asked to bail out Wall Street.”