There Goes the "Wall Street Getting Paid What it Earned" logic
Started by somewhereelse
almost 16 years ago
Posts: 7435
Member since: Oct 2009
Discussion about
the logic falls completely short when the company posts a loss and you get paid...
>> Lazard bonuses so big, they turned 4Q into a loss
Publicly traded investment bank's generosity to its workers last year, when average pay was $565,000 per employee, also almost wiped out the firm's full-year profits.
http://www.crainsnewyork.com/article/20100203/FREE/100209948/1051