Bernie Madoff Blasts Wall Street Signing Bonuses In Letter To CNBC

If you ask Bernie Madoff, Wall Street has a major pay problem on its hands. In a letter to CNBC from prison, the infamous Ponzi schemer wrote that signing bonuses, which Wall Street firms use to capture top staffers, are only a symptom of a larger compensation problem in the financial industry.
More in the Huffington Post here.