Wall Street Bonuses

That Huge Bonus May Actually Make You Screw Up

Posted 05.10.2012

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

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

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

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

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

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

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

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

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

Wall Street's Average Cash Bonus Expected To Fall To $121,000

AP | MICHAEL GORMLEY | Posted 04.30.2012

ALBANY, N.Y. -- Wall Street cash bonuses for 2011 are expected to drop 14 percent and profits are expected to drop by half for the second year in a ro...

Banks Rake In Huge Profits, Don't Share Them

The Huffington Post | Jillian Berman | Posted 02.28.2012

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

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

Don't Get Too Comfortable: Big Bank Takes Back Some Bonus Pay For Execs

AP | ROBERT BARR | Posted 02.21.2012

LONDON -- Lloyds Banking Group has canceled bonus payments for its former chief executive and a dozen other directors over their involvement in the co...

Goodbye to All That, Wall Street Edition

Yvette Kantrow | Posted 04.18.2012

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

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

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

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

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

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 03.27.2012

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

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

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

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

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

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...