1.0 link 77827 <![CDATA[Wall Street Bonuses Surge 14 Percent Despite Dismal Earnings]]> http://www.huffingtonpost.com/2007/12/21/wall-street-bonuses-surge_n_77827.html This might have been one of Wall Street's most dismal years in a decade, but that hasn't stopped bonus checks from rising an average of 14 percent.

Four of the biggest U.S. investment banks -- Goldman Sachs Group Inc., Morgan Stanley, Lehman Brothers Holdings Inc. and Bear Stearns Cos. -- will pay out about $49.6 billion in compensation this year. Of that, bonuses are traditionally estimated to represent 60 percent, or almost $30 billion.

But that might not sit well with investors...

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