Show Me the Money: Biggest Bonus Season Ever

Surpassing most people’s end-of-year predictions, Wall Street bonuses are estimated to hit $21.5 billion for 2005, according to the NY state comptrollers office. This tops even 2000 when about $19.5 billion was paid out (though if you adjust for inflation it’s more like $22.3 billion). The average bonus for 2005 of $125,000 also sets a record, besting 2004’s number of $114,270. In the understatement of the year, comptroller Alan Hevesi said, “Wall Street continues to be critically important to the economies of both the city and the state.”
Wall Street Bonuses Hit Record [NY Times]
Why Is That RE Broker Drooling? [The Walk-Through]

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