Friday, February 18, 2005
Wall Street Bonus Babies (Gotham Gazette. January, 2005)
You know the stereotype: Work on Wall Street, get rich. The Gotham Gazette shows a differing view.The article points out that while average compensation is very high, this is skewed by a relative few who make a great deal. Using medians and quartile data from the 2000 Census, sociologist Andrew Beveridge shows that not everyone on Wall Street is rich. (Be forewarned, this is not a finance
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