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Wall Street Bonuses

How Wall Street Still Gets Its Way in Washington, DC

Dennis M. Kelleher | Posted 10.07.2014 | Politics
Dennis M. Kelleher

The Boston Globe about Wall Street's secretly purchased influence in Washington, D.C. was somewhat mistitled as being about the "struggle for the Democratic Party's Soul." It's also about how Wall Street's virtually unlimited cash secretly influences the key debates as well as the policy outcomes in the nation's capital.

British Bank Tries To Rein In Its Horrible Jerk Bankers A Bit

The Huffington Post | Alexander C. Kaufman | Posted 09.10.2014 | Business

Barclays may start cutting pay to punish senior bankers who bully their underlings. The British bank already made new rules earlier this year to he...

Zach Carter

Republican Candidate Doesn't Understand What It Means To Cut Spending

HuffingtonPost.com | Zach Carter | Posted 05.13.2014 | Politics

Neel Kashkari is seeking the GOP nomination to challenge California Gov. Jerry Brown (D) in the November elections. And, like all good Republicans, he...

Adriana Usero

Oh, Now Darrell Issa's Angry About Bonuses, But ...

HuffingtonPost.com | Adriana Usero | Posted 04.30.2014 | Politics

WASHINGTON -- Last week, House Oversight and Government Reform Committee Chairman Darrell Issa (R-Calif.) took issue with the IRS for paying bonuses t...

Wall Street Got $26.7 Billion In Bonuses Last Year. That's Enough To Feed Every Hungry American

The Huffington Post | Andy McDonald | Posted 04.04.2014 | Impact

That's a lot of money, and it could solve a lot of problems.

What a Destructive Wall Street Owes Young Americans

Ralph Nader | Posted 05.14.2014 | Politics
Ralph Nader

Wall Street gamblers are still paid huge money and are again creeping toward reckless misbehavior. Their corporate crime wave strip-mined the economy for young workers and is draining away their ability to afford basic goods.

The 'Paid-What-You're-Worth' Myth

Robert Reich | Posted 05.14.2014 | Business
Robert Reich

It's often assumed that people are paid what they're worth. According to this logic, minimum wage workers aren't worth more than the $7.25 an hour they now receive. If they were worth more, they'd earn more. Any attempt to force employers to pay them more will only kill jobs.

The Average Cash Bonus On Wall Street Is Now More Than $164,000

Reuters | Posted 03.12.2014 | Business

NEW YORK (Reuters) - Wall Street's cash bonus pool rose 15 percent to $26.7 billion in 2013 as average cash bonuses hit the third highest on record at...

Oscar React: The Real 'Wolfs of Wall Street' Are Still Roaming Free

Dennis M. Kelleher | Posted 05.03.2014 | Business
Dennis M. Kelleher

To the extent that the movie implies that this relatively small time hustler was Wall Street's biggest, worst, most notorious or even a representative wolf of Wall Street, Leonardo DiCaprio and Martin Scorcese are howling up the wrong tree.

Bankers Urged To Donate Bonuses To The Homeless

The Huffington Post | Ryan Grim | Posted 12.23.2013 | Politics

What most of the country calls the holidays, Wall Street bankers know as bonus season. In just the first nine months of 2013, banks put away more ...

Our Most Powerful Weapon Against Wall Street? The Reverse Eminent Domain Movement

Les Leopold | Posted 02.22.2014 | Business
Les Leopold

All of us have spent a great deal of time complaining about Wall Street and how hard it is to take them on given all their money and political power. But here we have several cities with more in the wings actually doing something about it. Wouldn't it be something if progressives all over the country spread this campaign to their own town councils?

#AskJPM Blow Up Nothing to Laugh About

Dennis M. Kelleher | Posted 01.25.2014 | Business
Dennis M. Kelleher

Regarding the #AskJPM blowup, one article began by asking the right question: "What were they thinking?" The answer is, they weren't thinking; they were all talking to themselves and like-minded executives.

Wall Street Bonuses Are Getting Bigger Again

Reuters | Posted 01.23.2014 | Business

By Lauren Tara LaCapra NEW YORK, Nov 6 (Reuters) - Wall Street's biggest risk takers - its bond traders - will probably see their bonu...

The Real Reason Women Are Leaving Wall Street

Quartz | Margo Epprecht | Posted 09.09.2013 | Business

Quartz: In my first job on Wall Street in 1982, I shared an office with the assistant to the top auto industry analyst, Maryann Keller. Our workspa...

Happy Labor Day... for Wall Street

Les Leopold | Posted 10.30.2013 | Business
Les Leopold

Today, much of the "strength, prosperity and well-being" of our hard labor is being siphoned into the coffers of Wall Street. Perhaps, in honor of our labor we should remind ourselves how we are being robbed blind.

Wall Street Bonuses To Rise

Reuters | Posted 07.19.2013 | Business

NEW YORK, May 17 (Reuters) - Wall Street bonuses and staff levels are expected to rise this year as trading and dealmaking activity pick up, accordi...

What Wall Streeters Are Willing To Do When You Cut Their Precious Bonuses

The Huffington Post | Harry Bradford | Posted 03.15.2013 | Business

News flash: Apparently some Wall Street workers are only in it for the money. In 2012, 41 percent of Wall Street workers admitted to being ready to...

$20 BILLION IN BONUSES

AP | By MICHAEL VIRTANEN | Posted 04.28.2013 | Business

ALBANY, N.Y. (AP) — Wall Street cash bonuses for 2012 are expected to rise 8 percent to $20 billion, partly driven by deferred payments from previou...

Bad News For Bankers

Posted 02.25.2013 | Business

Wall Street bankers and traders used to a big fat bonus may have been surprised by their checks this year. Bonuses for “front-office” financia...

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...

Obama Raises Concerns Over 'Risky Behavior'

AP | JIM KUHNHENN | Posted 10.24.2012 | Politics

WASHINGTON -- President Barack Obama, who once called bank executives "fat cats" and their pay "obscene," says Wall Street needs to change executive p...