An Oligarch on compensation: "We're all over that"

Per that last post on Simon Johnson's Atlantic essay, John Mack of Morgan Stanley just concluded a conference call with the bank's employees. Per Bloomberg, here's one juicy tidbit:

...(Mack) said Obama, Treasury Secretary Timothy Geithner and Lawrence Summers, Obama’s senior economic adviser, recognize that efforts to tax or otherwise curb Wall Street compensation is a concern for employees.
‘All Over That’
“I know there’s been a lot of talk about compensation and taxes, I just want to assure you we’re all over that,” Mack said. “The president and his financial team and Larry Summers and Secretary Geithner understand it.”

Sounds like the Oligarchs are still in charge.....