The failure behind Wall St. bonuses

Because Wall Street firms added jobs this year, the average bonus was up only 2% to $173,000. The Institute for Policy Studies (IPS), a Washington, D.C., think tank, immediately whipped out a report putting those amounts in perspective. … Read the full article...

Wall Street bonuses edged higher in 2014

While noting that Wall Street jobs typically involve high stress and have been subject to repeated rounds of downsizing, DiNapoli added: “It’s great work if you can get it.” Average Americans aren’t getting it, according to an analysis by the...