Wall Street on Track to Give Out Record Pay, Doubtless Inspiring Anger From Washington

by Benjamin Domenech on 8:37 am October 14, 2009

“Major U.S. banks and securities firms are on pace to pay their employees about $140 billion this year — a record high that shows compensation is rebounding despite regulatory scrutiny of Wall Street’s pay culture.” If you’re working at a top 20 firm, you should expect to earn even more than in the peak year of 2007.

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