Wall Street Pay

Big Share Of Wall Street's Young Workers Considering Career Switch

The Huffington Post | Jillian Berman | Posted 05.08.2012

Young Wall Street workers are getting fed up. More than 20 percent of Wall Street employees born since 1980 say they would rather not work in the ...

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...

If You Really Want To See Your Paycheck Grow, Move Away From Wall Street

Reuters | Posted 05.08.2012

* Asia Pacific financial salaries to rise 5 pct, US 2.5 pct * EMEA banks likely to see most sluggish pay growth in 2012 ...

Wall Street Wastes $280 Billion A Year: Study

The Huffington Post | Alexander Eichler | Posted 03.02.2012

Wall Street seems to have learned a neat trick: how to make more money while producing less. Between 1980 and 2010, the U.S. financial industry nea...

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...

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...

Goldman, Morgan Stanley Say Clawbacks Will Affect Executive Pay Too

The Huffington Post | Alexander Eichler | Posted 02.08.2012

Two major Wall Street firms say their executives will face the same repercussions for misconduct as everybody else at the company -- but it's not clea...

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 ...

Morgan Stanley CEO To Disgruntled Workers: 'If You're Really Unhappy, Just Leave'

Posted 03.27.2012

The CEO of one of the country's largest investment banks has some choice words for any employees upset about the prospect of a smaller paycheck this y...

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,...

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...

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

The Huffington Post | Alexander Eichler | Posted 01.23.2012

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

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

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

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...

More Than One-Third Of Layoffs At One Big Bank To Hit NYC

Posted 12.27.2011

More than one-third of job cuts at Morgan Stanley will likely hit workers in New York City. Nearly 600 of the 1,600 job cuts that Morgan Stanley a...

Wall Street Pay On Track To Break Records Again

The Huffington Post | Jillian Berman | Posted 01.23.2012

While many Americans will be squeezing as much as they can out of falling incomes to provide gifts this holiday season, some on Wall Street may be get...

Wall St. Pay May Plunge To 2008 Levels

Posted 11.28.2011

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...

Rod Kurtz

How Much Should A CEO Really Make?

HuffingtonPost.com | Rod Kurtz | Posted 08.15.2011

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

Wall Street Starting To Scale Back Pay On Trading Desks

Posted 09.07.2011

NEW YORK (Lauren Tara LaCapra) - Large Wall Street banks are starting to scale back compensation on trading desks as shareholders grow increasingl...

Jon Stewart and the Sheer Hypocrisy of Fox News on Teachers

Jim Wallis | Posted 05.25.2011

Jim Wallis

I like teachers. But what I am learning from conservatives these days, especially the hosts and commentators for Fox News is that public school teachers are greedy.