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Tuesday, October 12, 2010

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

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

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