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Wall Street bonuses to
rise to $20 billion for 2012

Associated Press, by Staff

Original Article

Posted By:Ribicon, 2/26/2013 12:46:30 PM

New York´s state comptroller says Wall Street cash bonuses for 2012 are expected to rise 8 percent to $20 billion, partly driven by deferred payments from prior years. Comptroller Thomas DiNapoli says his analysis shows the securities industry is still restructuring since the 2008 financial crisis, with almost 20,000 — or 10 percent — fewer jobs in New York City. He says to expect continued downsizing. DiNapoli says profits for broker/dealer operations of some 200 New York Stock Exchange members — the traditional measure of profitability for the securities industry — totaled nearly $24 billion last year, triple their 2011 earnings.

Comments:
Nonsense. Emperor "At some point, haven´t you made enough money" Ears would never let this happen. Maybe he needs a third term?

      


Post Reply  

Reply 1 - Posted by: olcap, 2/26/2013 1:31:55 PM     (No. 9197337)

When a life of me I don´t know why we keep throwing money at these freeloading losers.

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Reply 2 - Posted by: ColonialAmerican1623, 2/27/2013 1:24:18 AM     (No. 9198256)

When one of them cures cancer, get back to me.

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