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Old 16-06-2021, 03:13 PM
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Lay person here. Just curious, why are bankers and finance workers paid so much? Do they contribute in multiples of the scientists and doctors to society who make a positive difference in this world? Think Lehman mini bonds anyone?
Here's what I think. Doctors, scientists, tech people need to get paid, their company needs to obtain funding for them to grow. Bankers and finance professionals provide the funding through investments/loans for these companies to grow and make a positive difference in this world. In exchange, the bankers and finance professionals take a cut from these companies that boom.
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