Wall St average bonus $200k this year

Discussion in 'Wall St. News' started by a529612, Nov 19, 2007.

  1. Nov. 19 (Bloomberg) -- Shareholders in the securities industry are having their worst year since 2002, losing $74 billion of their equity. That won't prevent Wall Street from paying record bonuses, totaling almost $38 billion.

    That money, split among about 186,000 workers at Goldman Sachs Group Inc., Morgan Stanley, Merrill Lynch & Co., Lehman Brothers Holdings Inc. and Bear Stearns Cos., equates to an average of $201,500 per person, according to data compiled by Bloomberg. The five biggest U.S. securities firms paid $36 billion to employees last year.

  2. The top 10,000 earners will take 30 billion out of that pie, leaving about 6 billion for the other 176,000 Wall st. Gimps.

    Wall St. Rocks!!!
  3. FAST.AM


    Lets come back next year and compare 2008 with 2007. If things dont change $$ drop very will fast