NYTimes: Italy’s Banks Are in a Slow-Motion Crisis. And Europe May Pay.

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Italy’s Banks Are in a Slow-Motion Crisis. And Europe May Pay. http://nyti.ms/2faQENB

Mr. Rossi sold his business for three millions euros in 2013, after the refusal of a € 300.000 loan that could have helped his company to grow, employ people and pay taxes (somehow support to the state needs to be financed).

How much is the annual Income of the head of a bank? Without some balance and appropriate incentives the way out might be difficult.

Is “claw back” a concept we might see soon?

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