Browse Tag: Wall Street

On Wall Street, Profits And Bonuses Dont Live On The Same Ledger

In 2013, Wall Street’s profitability was down 30.1%.  Naturally, this effected bonuses for that year.

They rose…by 15%.

In the Guardian piece You eat what you kill: Wall Street bonuses keep soaring as profits decline, we get a clear picture of what investment banking really means. “Too big to fail” has become “too big to fail to take a bigger bonus no matter the performance”.

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