Old Habits Die Hard: Banking’s Rampant Bonus Culture

Feb 07, 11 Old Habits Die Hard: Banking’s Rampant Bonus Culture

Posted by in Opinion

At the first sign of economic recovery, US bankers have rewarded themselves with an increase in salary while sidestepping the clampdown on excessive bonuses. In 2010, the top 25 financial firms in America shared a record salary and bonus pool of $134 billion (Tweet This). This is a 6% increase from the previous year’s...

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Were the 2008 Bailouts Smart Investments?

Jan 28, 11 Were the 2008 Bailouts Smart Investments?

Posted by in Opinion

Recently, we’ve noticed that many news outlets have been touting the success of the bank bailouts (Bloomberg). In particular, they’ve been citing the cash returns the U.S. Government has achieved from these capital injections. It made us wonder if the 2008 bailouts were actually just a series of smart investments, so we...

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