Friday, October 15, 2010

Did I Miss Something? Bankers Get $144 Billion Bonus

     A recent Wall Street Journal survey estimates bankers will walk of with $144 billion in compensation and benefits this year.  Does that amount of money sound familiar? Well, its equal to the amount congress approved for the U.S. stimulus package in 2008. Its also a record high for the second consecutive year. Last year, they quietly sneaked off with just $139 billion. Seems like Wall Street is doing just fine. Oh, almost forgot to mention it, but the New York region also has the widest income gap in U.S. Hmm...

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