Friday, October 5, 2012

Wall Street Executive: Banker Pay Is ‘Way Too High’

Wall Street Executive: Banker Pay Is ‘Way Too High’: Over the last four quarters, big Wall Street banks have been more profitable than at any time since before the Great Recession, with the six largest banks making $63 billion. While some high-profile Wall Street firms say they’ll reduce their bonus pool, some bankers will still be pulling in seven-figure bonuses, and starting bonuses easily [...]/p