http://online.wsj.com/article_email/SB10001424052748704518104575546542463746562-lMyQjAxMTAwMDEwMjExNDIyWj.html
Now ask yourself why these bastards need a bank bail out...again?
Your spending power on the dollar is cut everytime these blood suckers need another bite to stay alive. They live like Kings while that small jar of Skippy you bought last week for $6.00 now rised to $9.00.
That's what their debt on your dollar is doing.
Rather than sucking on this dick, America need to chop it off.
It's time that the finacial industry became just as unemployed as the rest of America!
Pay on Wall Street is on pace to break a record high for a second consecutive year, according to a study conducted by The Wall Street Journal.
Compensation on Wall Street is on pace to break a record high for a second consecutive year, as more than three dozen top banks and securities firms will pay $144 billion in salary and benefits. Elizabeth Rappaport, Bob O'Brien and Neal Lipschutz discuss. Also, Guggenheim Partners's Scott Minerd discusses why he thinks that despite record highs, gold can be expected to rise even higher.
.About three dozen of the top publicly held securities and investment-services firms—which include banks, investment banks, hedge funds, money-management firms and securities exchanges—are set to pay $144 billion in compensation and benefits this year, a 4% increase from the $139 billion paid out in 2009, according to the survey. Compensation was expected to rise at 26 of the 35 firms.
The data showed that revenue was expected to rise at 29 of the 35 firms surveyed, but at a slower pace than pay. Wall Street revenue is expected to rise 3%, to $448 billion from $433 billion, despite a slowdown in some high-profile activities like stock and bond trading.
Overall, Wall Street is expected to pay 32.1% of its revenue to employees, the same as last year, but below the 36% in 2007. Profits,
