Tuesday, October 12, 2010

$144 billion of banker bonuses--Pay on Wall Street sets a record

About three dozen of the top publicly held securities and investment-services firms—which include banks, investment banks, hedge funds, money-management firms and securities exchanges—are set to pay $144 billion in compensation and benefits this year, a 4% increase from the $139 billion paid out in 2009, according to the survey. Compensation was expected to rise at 26 of the 35 firms.

And yet, they can't pay anyone but foreclosure mills to kick the homeowner out on the street??

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