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).
More:
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, NotionsCapital.com
Comments are welcome if they are on-topic, substantive, concise, and not boring or obscene. Comments may be edited for clarity and length.
Tags: bonuses, economic crisis, economy, finance, recession, stock market, Wall Street
Leave a Reply