Friday, January 30, 2009

Wall Street Bonuses May Go Way of Dodo Amid Bailouts

Wall Street Bonuses May Go Way of Dodo Amid Bailouts

By Dawn Kopecki and Christine Harper Jan. 30 (Bloomberg) -- The Wall Street bonus, considered a sacred ritual, may become the industry’s biggest casualty as governments worldwide bail out financial institutions.

Does this spell the end of fat bonus in the financial institutions?

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