Friday, January 30, 2009

Oh Cry Me a River!

Wall Street bonuses under fire...

I about barfed a couple years ago when I first heard about the size of the average bonus paid to people working in finance. And when I say average, I mean across everyone in the business, from mail-room clerks all the way up to CEOs and top rain-makers. Nearly $200,000! And you just know that it's top heavy. I think that's disgusting, and way out of whack with their contribution to society, no matter how you define it.

Time to push the reset button on those folks!

Historical data from the NY Comptroller's office:

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