What Red Ink? Wall St. Paid Fat Bonuses - NYTimes.com
"Despite crippling losses, multibillion-dollar bailouts and the passing of some of the most prominent names in the business, employees at financial companies in New York, the now-diminished world capital of capital, collected an estimated $18.4 billion in bonuses for the year.
That was the sixth-largest haul on record, according to a report released Wednesday by the New York State comptroller."
It pays to be a banker, I suppose.
Wednesday, January 28, 2009
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