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Wall Street Bonuses

Elections Are for Suckers

Robert Scheer | Posted 02.09.2012 | 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 02.08.2012 | 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 02.04.2012 | 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...

The Latest Bankers To Hear Bad Bonus News

The Huffington Post | Bonnie Kavoussi | Posted 01.26.2012 | Business

As Wall Street adjusts to a less profitable chapter in its history, bankers may be finally feeling the pain that many American workers have known for ...

BofA Investment Bankers Told To Brace For Huge Pay Cut

Posted 01.24.2012 | Business

First it was the layoff announcements. Now it's time for pay cuts. A new type of structural adjustment continues to plague one of America's most i...

Ex-Investment Bankers Sue Over Millions Of Dollars In Unpaid Bonuses

The Huffington Post | Jillian Berman | Posted 01.24.2012 | Business

Investment bankers are banding together to reportedly sue their former employer, claiming the bank owes them tens of millions of dollars in unpaid bon...

Alexander Eichler

Why Does Wall Street Make So Much Money?

HuffingtonPost.com | Alexander Eichler | Posted 01.21.2012 | Business

Payouts declined on Wall Street this year, as the major financial firms tried to steer through several quarters of lawsuits, layoffs, jittery markets,...

Goldman Sachs Employees On Bonus Day: 'It's A Bloodbath'

The Huffington Post | Bonnie Kavoussi | Posted 01.20.2012 | Business

Reports are creeping out that yesterday's bonus day wasn't all fun and games at America's most iconic investment bank. Goldman's profits fell in 2...

Pay For Goldman Sachs Employees Has Little To Do With Performance

The Huffington Post | Alexander Eichler | Posted 01.23.2012 | Business

Goldman Sachs isn't likely to garner much public favor when it announces its earnings this week, as forecasts predict that the bank will boost the sha...

While The Young Receive Pink Slips, Wall Street Execs Get Smaller Paychecks

The Huffington Post | Alexander Eichler | Posted 01.23.2012 | Business

Wall Street firms will be getting a more modest payday this year, though how long it lasts will be anyone's guess. Executive paychecks at big finan...

As Bonuses Roll In, Wall St. Workers May Be Forced To Adjust To New Normal

The Huffington Post | Jillian Berman | Posted 01.11.2012 | Business

On Wall Street, there's some feeling that things just aren't what they used to be. The industry that many allege played a fundamental role in the f...

Wall Street's Youngest May Be Hit With Pay Freeze This Year

The Huffington Post | Jillian Berman | Posted 01.10.2012 | Business

Some of Wall Street's youngest workers may not be getting the pay raise they expect this year. Credit Suisse will likely stop its practice of auto...

Wall Street Employees Threaten To Quit If Bonuses Aren't Up To Snuff

The Huffington Post | Jillian Berman | Posted 01.09.2012 | Business

For some on Wall Street, a less-than-stellar bonus is simply too much to bear. Brokerage executives at one Wall Street firm, Jefferies Group, have...

Notes From a Party for Rich People

Daniel Cubias | Posted 02.01.2012 | Politics

Daniel Cubias

The aluminumadores in my neighborhood at least try to maintain some kind of dignity in spite of their humiliating circumstances. Contrast that with what I witnessed at the upscale party, where a wealthy man groveled and whined just to get his friends inside.

Wall St. Pay May Plunge To 2008 Levels

Posted 11.28.2011 | Business

The average Wall Street bonus will decline by 20 percent to 30 percent this year, according to a closely watched compensation report, as banks cut...

Colin Powell Plays the Risk Card

Howard Steven Friedman | Posted 01.15.2012 | Politics

Howard Steven Friedman

The former Secretary of State is either completely ignorant of of the basic facts associated with the financial industry or he is a paragon of someone who has succeeded in a massively slanted socioeconomic system an has no interest in seeing it even slightly leveled.

Wall Street Employees Getting Smaller Bonuses This Year: Survey

The Huffington Post | Alexander Eichler | Posted 01.08.2012 | Business

It's been an underwhelming year for Wall Street, and traders will likely see that reflected in their bonuses, according to a new report. With the ...

As Banks Announce Layoffs, Guaranteed Bonuses Making Comeback On Wall St.

The Huffington Post | Jillian Berman | Posted 12.24.2011 | Business

The practice of promising bank employees a generous bonus before they've ever even made a trade is making a comeback on Wall Street, even as the finan...

I'm a One Percenter Who's Pre-Occupied with Wall Street

Adam Levin | Posted 12.21.2011 | Politics

Adam Levin

None of us --- neither the one percenters nor the 99 percenters --- can either ignore or deny the ripple of unrest disturbing the calm of America's social waters in the form of the Occupy Wall Street movement.

Superman and Everyman Want Value From Wall Street and Washington

Stuart Muszynski | Posted 12.12.2011 | Politics

Stuart Muszynski

The occupiers of Wall Street are reminding all of us that the great recession from which we've yet to fully emerge was first a values meltdown before it became a financial meltdown.

Wall Street Says It Expects Bonuses To Be Just As Big This Year

The Huffington Post | Jillian Berman | Posted 12.10.2011 | Business

While most Americans aren’t expecting their incomes to rise with the cost of living in the near future, more than 60 percent of Wall Street professi...

Rod Kurtz

How Much Should A CEO Really Make?

HuffingtonPost.com | Rod Kurtz | Posted 08.15.2011 | Small Business

The rich, it seems, only get richer -- even during tough times. Despite an economic hangover stemming from the Great Recession and continued struggles...

What Happened to Shame?

Lydia Fisher | Posted 08.24.2011 | Business

Lydia Fisher

When I was growing up there was shame. Shame is defined as, "a painful feeling of humiliation or distress caused by the consciousness of wrong or foolish behavior." But this feeling seems to have disappeared from the way we do business in this country.

Shahien Nasiripour

Europe's Top Financial Cop: White House Not Doing Enough To Curb Banker Bonuses

HuffingtonPost.com | Shahien Nasiripour | Posted 08.01.2011 | Business

WASHINGTON -- The U.S. isn't doing enough to curtail excessive banker bonuses, Europe's top financial regulator told the Obama administration in a rec...