Wall Street Paying Billions in Bonuses to Brokers While Investors Suck Wind
November 19th, 2007 . by admin
Shareholders in the securities industry are having their worst year since 2002, losing $74 billion of their equity. That won’t prevent Wall Street from paying record bonuses, totaling almost $38 billion. Little has been reported about Wall Street having their bets covered in both up and down markets: The market is contrived so they win regardless.
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