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NEW REPORT: Pulling Back the curtain (of Wall Street Bonuses)
Submitted by dlagstein on 23 January 2012 - 6:35pm
Wall Street bankers and the one percent have subverted our democracy to fatten their own paychecks, and the result is jarring. While the rest of us continue to struggle to put food on the table and keep a roof over our head, Wall Street has once again handed out mammoth bonuses in 2011. The nation’s top six banks—Bank of America, JP Morgan Chase, Wells Fargo, Citigroup, Morgan Stanley and Goldman Sachs—paid out $144 billion in bonuses and compensation this year, making 2011’s payday the second highest on record for these six firms.
Click here for more information on the report, and to download the full report.




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