good, the limits on pay for TARP banks is draining them of talent
Is that the same 'talent' that managed to drive BoA (among other corporations) to the government teat in the first place?
the vast majority of the talent did not determine the risk posture of BoA - in other words, contrary to your assumption, decisions are made at the top and decimated down the chain of command...not to mention the fact that most of BoA operations were managed profitably and had no involvement in imploding the company.
The industry I work in (Energy Trading and Risk Management) uses many financial instruments that function EXACTLY like the instruments these banks were using (with the exception of the underlying assest) and my industry is continue to raid the talent of these banks, especially Citi. In fact, MANY of the people I work around used to work at Citi.
So, since the U.S. taxpayers are heavily invested in these banks through TARP, you're cutting off your nose to spite your face by denying to pay the employees market rates for their skillsets, for there is EXTREME demand for anyone will good knowledge of financial instruments.
...just a friendly warning.