In a move designed to make sure their neighbors throw extra eggs at their houses, a handful of former AIG employees are threatening to sue because they haven’t received bonuses as quickly as they had expected. [More]
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What Can $20 Billion In Wall Street Bonuses Really Buy?
After hearing Tuesday’s news that — only a year after an unprecedented federal bailout of the banking industry — Wall Street banks had rewarded their executives with over $20 billion in bonuses in 2009, we did a quick look around to see what else is worth that much cheddar. [More]
Bankers Back To Congratulating Themselves, Bonuses Up 17%
In these tough times, it’s easy to forget about the struggling bankers out there as you dodge their SUVs on your walk to the unemployment office. So it’s a good thing they have someone looking out for their financial interests — themselves. [More]