The Gilded Age alive and well. Excerpt: This year, even though the Wall Street bosses have presided over a 30 percent drop in their banks profits, theyve extracted a 15 percent raise in overall bonus money, totaling a ridiculous $27 billion. That averages out to $165,000 in extra pay to each Wall Street banker. But averages deceive, for thousands of lower-level bankers are given a dab, while those up in the executive suites make off with the bulk of the bonus heist.
Posted on: Fri, 06 Jun 2014 18:35:10 +0000
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