Andrew Ackerman

speaker

348 appearances 7 recordings 1 series first heard Mar 2019 last heard Aug 2022

Andrew Ackerman’s voice in public audio — every appearance, attributed to the second.

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WSJ Your Money Briefing · Overtime Pay Going Up for More Than a Million Workers · 25 Sep 2019 podcast

two of the biggest ones that are in the pipeline. matched

Sure thing. matched

Thanks for your time. matched

WSJ Your Money Briefing · Wall Street Pay Limits Are Back on Regulators' To-Do List · 7 Mar 2019 podcast

Banks and other brokers, asset managers probably, they would all be required to

to defer bonuses or portions of bonuses over over several years.

And then if the companies at the firms got into trouble, they'd have to claw back some of that bonus that was already doled out.

Yeah, it's one of the reasons why we thought it was newsworthy that, you know, you basically have an administration that, well, I mean, the president himself, when he was running, he said he's going to do a big number on Dodd-Frank.

And there was definitely this movement away from this period where we were just adding on rules to the financial services industry.

And if anything, we're sort of tailoring things.

I wouldn't call it necessarily deregulatory, but the approach has been to loosen some of the restrictions down.

on financial firms, particularly medium-sized banks, and make it easier for banks to merge.

And so this is seen as something kind of in a different direction.

But we're not exactly sure.

I mean, there's interest among the principals at these agencies in doing something.

They haven't yet really explained their rationale.

We just know that there's interest in doing it.

So that'll be something to watch.

I mean, maybe they think that it's not necessarily the

the pay is too high.

It's that the pay isn't necessarily aligned adequately with risk taking at the firms.

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