Bonusesat the time were a fractionof what they are today, butifmy employer, First Boston, andthefinancialsystemsurviveduntilyear-end, Iwouldgettheequivalentof a fellowship.
If their central goal had been a steady value for the buck, those bubbles would never have reached the sizes they did, and volatility in the financial markets would have been only a fraction of what it is today.