clipped from: www.politico.com   

Geithner to call for new bonus system


Geithner will call this week for financial institutions to replace their bonus systems.

As part of a broad financial-regulatory plan to be unveiled this week, the administration wants to put in place reforms to get financial incentives for employees closer in line with the actual results of the company. Basically, it's what bonuses used to be before Wall Street went wild in recent years.