Why no Wall Street CEO wants to be the new Treasury secretary.
And nobody better exemplifies the trend of sharply rising incomes at the top than the fantasy list. Can CEOs like John Mack (minimum 2005 compensation: $25 million), Henry Paulson (2005 compensation: $38.8 million), or Stanley O'Neal (2005 compensation: $35.5 million) really stand up and suggest, as Snow did to the Wall Street Journal, that making a few people really rich makes us all wealthier?
John Snow will have a replacement, and he may very well come from the corporate world. But if it's an A-list Wall Street CEO, I'll buy a copy of Dow 36,000 and eat the first chapter.
Daniel Gross is the Moneybox columnist for Slate and the business columnist for Newsweek. You can e-mail him at firstname.lastname@example.org and follow him on Twitter. His latest book, Dumb Money: How Our Greatest Financial Minds Bankrupted the Nation, has just been published in paperback.
Photograph of John Snow by Mark Wilson/Getty Images.