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Wall Street Bonuses Spark Outrage Across Nation
Wall Street bonuses totaling 18.4 billion drew White House ire as firms paid despite massive taxpayer bailouts. The average bonus reached 112,000 dollars, about double the average national income, with cuts seen across sectors as firms reassess guarantees and clawback rules amid the 2008 crisis.
MENTIONED IN THIS ARTICLE
New York
Barack Obama
Wall Street
White House
Jason Weisberg
Seaport Securities
Vicki Elliott
Elliott
Global Financial Services Industry
Mercer
Marsh & McLennan Gas