Wall Street bonuses may top last years as earnings soar
Securities industry is on track for second-highest level of profitability
NEW YORK Despite the weak U.S. economy, this year could be the second most profitable for New York City's securities industry, and the average bonus may top last year's because so many bankers and brokers have been laid off, the state comptroller said in a report on Wednesday.
"Wall Street earned $21.4 billion during the first three quarters of 2010," Comptroller Tom DiNapoli said.
"While much less than last year's record of $61.4 billion, which was fueled by federal assistance, the securities industry is on track in 2010 for the second-highest level of profitability on record," he said.
http://www.msnbc.msn.com/id/40681578/ns … nd_economy
a serious revolt will come between the haves and have nots i think...
by sunforged6 years ago
Was checking through my ePn dashboard and saw an outstanding balance (its still a week early for earnings to show up) .. then an email came in and said congrats on reaching Bonus.So check your emails and account -...
by Aya Katz6 years ago
And today it's $16.68. How did that happen?I made payout recently, and I got the check last week. I was thinking I might make payout again this month, with a forty-one dollar total. But now it's clear I won't. How did...
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