Monday, November 19, 2007

Wall Street Plans $38 Billion of Bonuses as Shareholders Lose

Bloomberg reports that shareholders in the securities industry are having their worst year since 2002, losing $74 billion of their equity. That won't prevent Wall Street from paying record bonuses, totaling almost $38 billion.

Read the full 11.19.07 Bloomberg article by Christine Harper.

No comments:

Post a Comment