The Economy is Flourishing...
for some.
Wall Street workers took home nearly $300,000 on average last year as profits from trading and merger advising fueled record earnings, New York State Comptroller Alan Hevesi said.
Wall Street compensation averaged $289,664 per person, 5.1 times the average $56,634 for workers citywide, the comptroller said in a study released Tuesday. The highest-paid bankers and traders can command eight-figure pay packages.
Bonuses totaled a record $21.5 billion, or $125,500 per person. The securities industry paid out $48.8 billion, while generating $2.1 billion of taxes for the city, Hevesi said.
posted by storiesinamerica @ 4:38 PM
2 comments
2 Comments:
Actually.....
"The rich were better off under Clinton than Bush."
This has a man-bites-dog flavor, but when you look at the donor bases of the two parties it shouldn't really be a surprise.
http://instapundit.com/archives/033246.php
(But don't worry, the press isn't making a big deal about it.)
Another day and another reason to be a proud democrat...
http://www.redstate.com/stories/archived/democrat_blackmails_united_states_senator
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