Are Finance Professionals overpaid?

NPR's Planet Money talks to Ariell Resheff about Resheff and Philippon's paper that looks at whether barriers to entry and a lack of transparency lead to "excessive" pay (i.e. positive rents) in the financial field. The authors suggest that deregulation played a large role in this since often neither the firm nor the so-called investors knew what they were dealing and a messed up incentive