SearchDemocracy LinksMember's Off-site Blogs |
opposite ends of town .....The Wall Street gurus who presided over the sub-prime mortgage crisis currently shredding global share markets have awarded themselves bonuses totalling $US33.2 billion ($38 billion). In a concession to the crisis - which has forced America's largest banks to write off billions in bad investments and raise billions more to shore up their capital reserves - the bonuses were down nearly 5 per cent on the previous year. The average bonus of $US180,420 ($206,088) in 2007 dipped 4.7 per cent from the previous year, New York state Comptroller Thomas DiNapoli said in a statement today.
|
User login |
Recent comments
15 min 30 sec ago
29 min 23 sec ago
17 hours 53 min ago
17 hours 58 min ago
1 day 14 hours ago
1 day 15 hours ago
1 day 16 hours ago
1 day 21 hours ago
2 days 11 hours ago
2 days 11 hours ago