Why Wall Street got so rich, so easily

By tovarichpeter   Follow   Mon, 4 Mar 2013, 9:42am PST   137 views   0 comments   Watch (0)   Share   Quote   Permalink   Like   Dislike  


New York City securities industry bonus went up eight percent last year, to $121,890. Surprised? Didn’t think so. That Wall Street bonuses went up is roughly as unexpected as an airplane getting delayed at O’Hare: it doesn’t happen every time, but you can usually bet on it. That climb has made Wall Street bonuses the focus of the current debate about inequality.

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