Wall Street Bonuses Biggest Ever, Again!
Pareene · 11/19/07 02:30PMOn Friday, CNNMoney.com warned us that some Wall Street employees would be seeing tragic, drastic cuts in their annual bonuses—up to 50% at some mortgage-related firms. Specifically, hard-working bankers at Bear Stearns, Citigroup, and Merrill Lynch were expected to be "hit hard" by all the ridiculously irresponsible lending and related business they've been practicing for the last couple years. But today brought good news for those Heroes of Finance!