“People go to Wall Street out of greed. When I was interviewing for jobs, frequently some form of the question came up: How much do you want to make money? If m

“People go to Wall Street out of greed. When I was interviewing for jobs, frequently some form of the question came up: How much do you want to make money? If my answer was something like—and it wasn’t—but if my answer was, ‘I’m here for intellectual betterment,’ their response might have been, ‘University is a great place for you.’ They want people who think ‘I’m greedy, I want to be a billionaire.’ That was viewed as a really good thing.” I think this quote symbolizes what's wrong with Wall street. There's too much of a focus on making money by any means necessary rather than doing what's best for your employer and clients in the long term. No matter how your incentives work, there's simply no way to have an incentive-based compensation system that can't be gamed.