Conditions for Financial Sector Restructuring

Wall Street firms benefiting from a bailout should not be given anying. First, their managers' bonuses should be put in escrow and distributed only if the firms recover accepably. Second, any funds received should be loans with interest to be repaid. Third, taxpayers should get equity interest in the firms in proportion to their contribution. For good measure, fund mangers including hedge fund managers should be taxed on their income, not based on capital gains. They are wage earning employees, not investors.