Monday, August 10, 2009

Effort to Rein In Pay on Wall Street Hits New Hurdle - NYTimes.com

Isn't a guaranteed bonus, just a salary?Effort to Rein In Pay on Wall Street Hits New Hurdle - NYTimes.com: "A guaranteed bonus might strike many people as a contradiction in terms. But on Wall Street, banks have become so eager to lure and keep top deal makers and traders that they are reviving the practice of offering ironclad, multimillion-dollar payouts — guaranteed, no matter how an employee

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