Dodd/Frank

With Dodd/Frank back in the news I was reminded of when it was passed, the two sponsors decided to retire instead of running for reelection even though they were shoo-ins. I decided to see what they were doing and I find out that Frank is now a member of the board of directors of Signature Bank. His salary is not published but the average board member earns a $60,000 salary plus $60,000 in stock plus $1,000 per meeting of which there are usually 12 per year. In other words the average bank board member earns $132,000 for 12 days work. Former Senator Dodd is a lobbyist for the motion picture industry and he earns 2.4 million per year.