Defying the Downturn

Despite the lending crisis, which has caused losses for Wall Street banks and hurt homeowners, the average industry bonus for 2007 topped $180,000. While the average bonus was down slightly from 2006, it was several times the average American's salary.

SOURCE: New Yorks State Comptroller's office, Bloomberg | The Washington Post - January 29, 2008

This Story The Bonuses Keep Coming Article \| NEW YORK The grim toll that the U.S. mortgage crisis has taken on financial markets has been felt worldwide, from traders in Hong Kong to small-town mayors in Europe to pensioners in the American Midwest. Defying the Downturn		TOOLBOX E-Mail This Save/Share + Digg Facebook Reddit Twitter myspace SOURCE: New Yorks State Comptroller's office, Bloomberg \| The Washington Post - January 29, 2008 ¬es=Despite the lending crisis, which has caused losses for Wall Street banks and hurt homeowners, the average industry bonus for 2007 topped $180,000. While the average bonus was down slightly from 2006, it was several times the average American's salary." onclick="if ( typeof otto != 'undefined' ) { }" onmouseover="changebg2('delicious')" onmouseout="resetbg2('delicious')" target="new">del.icio.us SOURCE: New Yorks State Comptroller’s office, Bloomberg \| The Washington Post - January 29, 2008 \'),\'newstrust\'+(new Date()).getMilliseconds(),\'dependent=no,scrollbars=yes,resizable=yes,alwaysRaised=yes,status=yes,directories=yes,location=yes,menubar=yes,toolbar=yes,width=430,height=750,modal=no\'));ntw.focus();'" onclick="if ( typeof otto != 'undefined' ) { }" onmouseover="changebg2('newstrust')" onmouseout="resetbg2('newstrust')">NewsTrust Stumble It! COMMENT 0 Comments Your browser's settings may be preventing you from commenting on and viewing comments about this item. See instructions for fixing the problem. Discussion Policy CLOSE Comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. Finally, we will take steps to block users who violate any of our posting standards, terms of use or privacy policies or any other policies governing this site. Please review the full rules governing commentaries and discussions. You are fully responsible for the content that you post. Who's Blogging » Links to this graphic
» This Story:Read +\|Watch +\| Comments