iOS app Android app

Wall Street Bonuses

Wall Street Gets Inventive With Bonuses

Fortune | Nin-Hai Tseng | Posted 02.07.2013 | Business

FORTUNE – As Wall Street bonus season comes into full swing, UBS AG is the latest bank doing things differently to reel in excessive pay. On Tuesday...

Crime and No Punishment

Dennis M. Kelleher | Posted 03.26.2013 | Business
Dennis M. Kelleher

The American people are not stupid. They see the double standard. They know that there are two sets of laws in the country: one for the rich, powerful and well connected of Wall Street and one for everyone else on Main Street.

Wall Street Braces For Bonus Pain

Mark Gongloff | Posted 03.18.2013 | Business
Mark Gongloff

Hey, guys, it's Bonus Week on Wall Street! So why is everybody all sad and anxious?

Wall Street Bonuses Expected To Be Lowest In Years

The Huffington Post | Alana Horowitz | Posted 12.10.2012 | Business

Wall Street bonuses are expected to be the lowest in years, according to the New York Post. New York State Comptroller Tom DiNapoli told the Post t...

If Wall Street Workers Love Money, They Want Romney To Win

Posted 11.06.2012 | Business

If money is important to people on Wall Street, and it is, then many in the finance industry will be hoping for a Mitt Romney victory come Tuesday nig...

Ex-Wall Street CEO: Yeah, We Get Paid Too Much

Mark Gongloff | Posted 12.17.2012 | Business
Mark Gongloff

If you're mad about Wall Street pay, take heart: At least one guy on Wall Street seems to get it. He's not going to give back any of his own pay or anything like that! That would be crazy. But at least somebody out there feels your pain.

Is Jamie Dimon's Business First Class?

John Fullerton | Posted 08.19.2012 | Business
John Fullerton

Who among the Board of Directors and senior management does not understand that this is in conflict with at least the "spirit and intent of the law" recently passed by Congress?

Banks Are Spending More On Their Staff, Even As They Cut Back On Bonuses

The Huffington Post | Jillian Berman | Posted 08.06.2012 | Business

Bankers' pay is taking up a bigger share of bank earnings, even as the number of investment bankers not taking home a bonus has shot up. Staff cos...

That Huge Bonus May Actually Make You Screw Up

Posted 05.10.2012 | Business

Don't choke! It's advice we’ve all heard before, but it’s much easier said than done, according to a new study. After a certain threshold, ...

Bankers Win Court Battle To Get $64 Million In Crisis-Era Bonuses

The Huffington Post | Alexander Eichler | Posted 05.09.2012 | Business

It seems like a law of the universe: Water flows downhill, and bankers eventually get their bonuses. A group of 104 London investment bankers won a...

Dan Froomkin

SEC Stall Leaves Critical Rules More Than A Year Overdue

HuffingtonPost.com | Dan Froomkin | Posted 04.17.2012 | Business

WASHINGTON -- A full year after the official deadline came and went, key regulations necessary to enforce the Dodd-Frank financial reform law remain ...

Don't Worry, Guys, Wall Street Salaries Went Up Last Year

The Huffington Post | Alexander Eichler | Posted 04.04.2012 | Business

Ask many of those on Wall Street, and they'll tell you of an industry grappling with a terrible state of affairs. But for those lucky enough to have k...

Wall Street No Longer Taking Up The Most Space In Manahattan

The Huffington Post | Harry Bradford | Posted 04.04.2012 | Business

When it comes to New York office space, Wall Street's no longer king. For the first time ever, financial services firms aren't renting the most of...

PHOTO: Trader Racks Up Insane Nightclub Bill

The Huffington Post | Harry Bradford | Posted 03.06.2012 | Business

Ever partied for $100,000 per hour? One British finance wonder kid seems to have. Alex Hope, a 23-year-old UK foreign exchange trader, reportedly r...

Bruce Springsteen's 'Wrecking Ball': 'Hold Tight To Your Anger'

Jesse Kornbluth | Posted 05.04.2012 | Entertainment
Jesse Kornbluth

Polls tell us 51% of Americans believe the bailout of the banks was wrong. An overwhelming majority --- 86% --- disapproves of big bonuses on Wall Str...

Michael Lewis: It's A Bad Idea To Give Millions To 24 Year-Olds Who Don't 'Know Anything Really'

Posted 03.01.2012 | Business

When the history books make their judgments about pre-crisis Wall Street, they'll come down hard on those salaries for twenty-somethings -- at least a...

D.M. Levine

Goldman Director Takes Surprising Stand

HuffingtonPost.com | D.M. Levine | Posted 03.01.2012 | Business

While many Wall Streeters are crying poor -- "people who don't have money don't understand the stress," an accounting firm partner tells Bloomberg -- ...

Banks Rake In Huge Profits, Don't Share Them

The Huffington Post | Jillian Berman | Posted 02.28.2012 | Business

Wall Street just scrimped, saved and cut its way back to pre-recession levels of profit. Bank profits jumped to a five-year high in 2011, according...

Big Bank Whistleblower Claims It Cost Him Major Bonus Money

The Huffington Post | Jillian Berman | Posted 02.21.2012 | Business

One banker is claiming that blowing the whistle on his colleagues' inappropriate behavior cost him millions. Edward Williems, a former senior inve...

Goodbye to All That, Wall Street Edition

Yvette Kantrow | Posted 04.18.2012 | Media
Yvette Kantrow

Here we go again. Every few years, when the economic cycle turns, the media serves up stories bemoaning the death-of-Wall-Street-as-we-know-it.

Where Is Jamie Dimon When You Need Him?

Dennis M. Kelleher | Posted 04.17.2012 | Business
Dennis M. Kelleher

Now, when there are some very real and very serious anti-American actions being asked for, Dimon is strangely silent. Could it be because the current anti-American requests coincide with his claims against financial reform? Of course it is.

Elections Are for Suckers

Robert Scheer | Posted 04.09.2012 | Politics
Robert Scheer

Our own elections, the ones our government has modeled for the world, are a hoax. What other word should we use to describe this year's presidential election, whose outcome will turn on which party's Super PACs gets the most generous bribes from billionaires?

More Unconscionable Wall Street Whining

Dennis M. Kelleher | Posted 04.09.2012 | Business
Dennis M. Kelleher

Ignoring all evidence and facts, Wall Street is reported to be "an industry that the White House has thoroughly and repeatedly demonized and demoralized" -- what?

Ex-Lehman Brothers Trader: Only On Wall Street Could You 'Get Paid So Much For Doing So Little'

The Huffington Post | Jillian Berman | Posted 02.06.2012 | Business

The fallout from the financial crisis has already changed the way much of America views Wall Street. It may also be changing the way the financial ind...

Goldman Sachs CEO Nets Smaller Bonus Than Last Year

Reuters | Posted 04.05.2012 | Business

Feb 3 (Reuters) - Goldman Sachs Group Inc awarded Chairman and Chief Executive Lloyd Blankfein a $7 million restricted stock bonus as part of his 2...