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King i'm just posting based on what I learned from my EMBA and the article and my personal knowledge of how people behave.
Take a moment to check out the article. It says "Bonuses exceeding 100% of the persons income"
In effect that improves your base income...more stability for you...which can't be a bad thing right?
And more stability for me as the bystander for it does not incentivize you the guys and gals in charge of the ship to make any over adventurous moves.
How can i put it....it's a game changer. Instead of thinking quarter to quarter trade to trade....to force the industry to think year to year. And so reduce volatility.
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