It’s hard out here for a One Percenter
by digby
Wall Street bonuses just aren’t what they used to be.
As the industry’s profits declined, the average bonus for Wall Street employees grew just 2 percent in 2014, to $172,860, according to a report on Wednesday by Thomas P. DiNapoli, the New York State comptroller. Although still large by many standards, these bonuses grew far more slowly than in the previous two years.
“Although still large by many standards ….”
Yah think?
Update:
