There are no limits on the pay of the lawyers guiding the bank. So you think any bank General Counsel is going to stick around if he can make $2MM as a partner at a law firm working with the same bank.

Or any Chief Investment Officer if he can do the same at a hedge fund?

Agreed on the arrogance, but I’m afraid Congress is making a mistake if it wades into compensation issues.

It is a popular (i.e. vote-getting) response.