Wall Street Bonuses Soar 15% To Highest Since 2007
Wall Street bonuses (on average) in 2013 rose 15% to the highest since 2007. As OSC Tom DiNapoli notes, “Securities industry employees took home significantly higher bonuses on average… although profits were lower than the prior year.” In fact, as we noted earlier, profits at the banks fell 30%.
Average compensation for securities industry professionals in New York City ($360,700) were 5.2 times greater than the rest of the private sector ($69,200).
Thank You Ben… Nice to see we are back to pre-2008 levels. That obviously means things are awesome and we can relive the 90′s again.
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Whistler Blowers, Insiders
AWESOME give them more more and more
and more more.
I made 35 % last year
and I do not work. OBamawelfare.
Keep it going them more bonuses the more for us peasants.
So when can I have my new beamer, YOU owe me one.