Roundup of world financial, banking and stock market news.

Friday, 15 January 2010

"Shocking ... Unbelievable": Wall Street to Pay Record $145B in Bonuses, WSJ Says


Undeterred by the rising anger on Main Street and the populist backlash in Washington D.C., Wall Street firms are poised to pay record bonuses for 2009.Financial firms are on track to pay over $145 billion in bonuses for 2009, according to estimates from

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