Sign up FAST! Login

Sniffing the Ethical Rot in Wall Street's Culture | Common Dreams

Stashed in: Ethics

To save this post, select a stash from drop-down menu or type in a new one:

This year, even though the Wall Street bosses have presided over a 30 percent drop in their banks' profits, they've extracted a 15 percent raise in overall bonus money, totaling a ridiculous $27 billion. That averages out to $165,000 in extra pay to each Wall Street banker. But averages deceive, for thousands of lower-level bankers are given a dab, while those up in the executive suites make off with the bulk of the bonus heist.


You May Also Like: