No Recession on Wall Street

No Recession on Wall Street

Bonuses for employees of Wall Street financial firms were up at least 17 percent in 2009. You remember 2009 — TARP, unemployment, foreclosures and all that (so tiresome).


Market Watch: “Wall St. bonuses climbed 17% to $20.3 billion in 2009.”

New York Times DealBook: “The Big Money’s Back in Town.”

Business Standard (India): “Wall Street bonuses surge 17% in ’09.”

 Financial Times (UK): “Wall Street bonuses exceed $20bn after increasing 17%.”

The Times (UK): “Wall Street bankers’ bonuses jump 25%.”

The financial industry take on this?

Wall Street Journal blog: “Wall Street Bonuses Are Up, but Industry Shows Restraint.”


Image by Mike Licht. Download a copy here. Creative Commons license; credit Mike Licht,

Comments are welcome if they are on-topic, substantive, concise, and not boring or obscene. Comments may be edited for clarity and length.

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