I heard today from a friend that even Wachovia CEO's are getting a bonus check this year! GRRRRRRRRRRRRR
On Oct 29, 9:07 pm, CincyBabe <[EMAIL PROTECTED]> wrote: > That is so wrong. > > On Oct 29, 8:36 pm, "Mercury.Sailor" <[EMAIL PROTECTED]> wrote: > > > > > I have only one word for this, Disgusting! > > > Broken Securities Industry Still Has $20 Billion to Pay Bonuses > > > By Christine Harper and Serena Saitto > > > Oct. 27 (Bloomberg) -- Five straight quarters of losses and a 70 > > percent slide in its stock this year haven't stopped Merrill Lynch & > > Co. from allocating about $6.7 billion to pay bonuses. > > > Goldman Sachs Group Inc. and Morgan Stanley, both still on track for > > profitable years, have set aside about $13 billion for bonuses after > > three quarters, down 28 percent from a year ago. Even some employees > > at Lehman Brothers Holdings Inc., which declared the biggest > > bankruptcy in U.S. history last month, will get the same bonus they > > received a year ago. > > > The worst financial crisis since the Great Depression, a $700 billion > > taxpayer bailout, public outcry over excessive pay and the demise of > > three of the biggest securities firms won't deter Wall Street from > > offering year-end rewards to employees on top of their salaries, > > compensation experts say. > > >http://www.bloomberg.com/apps/news?pid=20601109&sid=aVann0.cv9Tw&refe...- > >Hide quoted text - > > - Show quoted text - --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "World-thread" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [EMAIL PROTECTED] For more options, visit this group at http://groups.google.com/group/world-thread?hl=en -~----------~----~----~----~------~----~------~--~---
