According to standard narrative, the meltdown of Bear Stearns and Lehman Broth- ers largely wiped out the wealth of their top executives. Many – in the media, academia and the financial sector – have used this account to dismiss the view that pay structures caused excessive risk-taking and that reforming such structures is important. The narrative, however, turns out to be incorrect.
人們一般會這樣描述：貝爾斯登(Bear Stearns)與雷曼兄弟(Lehman Brothers)的垮臺，很大程度上抹去了其高管的財(cái)富。從傳媒界、學(xué)術(shù)界到金融業(yè)，許多人都用這個理由來反駁以下觀點(diǎn)：薪酬結(jié)構(gòu)導(dǎo)致企業(yè)過度冒險，而改革這種結(jié)構(gòu)十分重要。然而，事實(shí)最終證明，這種說法是錯誤的。
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