Surprise! Wall St. Comp.....UP.

Percent cash?

And profits are down (20% or more). We should be able to expect this trend to continue until profits are 0 meaning there is another $60 billion that can be distributed. Shareholders are a diffuse group and won't be able to get it together enough to reduce the pay of those who are the actual generators of revenue.

Another big reason the trend will continue is the reduction in corporate profits to the benefit of the employees. This will reduce the amount of negative publicity the Street gets and reduce likelihood of more regulation.

"Percent cash?"

You say that like equity is a bad thing. How are all those grants looking from 2008? Would you be crying about this years vest alanhart? I think not. Cashing in a grant ON TOP of your cash bonus every year is a good thing, especially when the stock is up 100% since 2008.

last i heard one cant buy real estate with unvested granted stack

I feel betrayed by Obama's administration, nothing has been done to make bankers pay for this recession.
Those guys still eat caviar while American people is starving... America rewards white collar crimes!!!
Shame on America!!!!

Wbottom, grants typically vest at 25% yearly over 4 years. So for the 2010 bonus season,you get your cash comp plus 25% of your 06, 07, 08, and 09 grants. If 08 & 09 grants were substantial (which they were) and valuations have increased significantly (which they did) that is a nice little pop on top of your cash bonus.

Those Lehman 2004-2008 grants are so in the money.

If history is any guide, don't expect Wbottom to understand simple concepts.

Just like nyc re, the dying gasps of the overpaid banking class based on ever increasing leverage.

Shoot your wad into a deleveraging nyc re, I dare ya. Flmaoz.

And seriously, who the f'k is minding the store? We got a bunch of foreclosures freeze so we don't know the ultimate cost of bs loans, yet wall St can still 'correctly' price their bonuses. All the while paying me 20bps on my savings Acct. Gotta love Bernie and geitner, fucktards forever.

w67th, are you mad at the bonuses or the bankers?

Angry because his resume reads:

Dean Witter Reynolds - fired
Residential Landlord - sued tenants
FLMAO - Z
Naked - Inappropriately
Rolex - Sold
Yacht - Worse Investment than Real Estate