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(CNBC) Cool Wall Street bonuses to fall 20-30% this year. Now THAT'S change you can believe in   (cnbc.com) divider line 19
More: Cool, Wall Street, Wall Street bonuses, Dodd-Frank, JPM  
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441 clicks; posted to Business » on 08 Nov 2011 at 10:22 AM   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»   |    Get this fabulous T-Shirt and impress the methane out of your friends! shirt it!



19 Comments   (+0 »)
   
 
2011-11-08 10:07:15 AM
So they won't be able to put gold flecks in their appletinis? DAMN YOU OBAMA!!!
 
2011-11-08 10:28:40 AM
How will they afford Filipino boy-servants to pluck the hairs from their burlap lugnuts?
 
2011-11-08 10:32:50 AM
Now what will they trickle down with?

Wait...don't answer that.
 
2011-11-08 10:40:17 AM
Is it just me or does anyone else feel this article was written in an attempt to garner sympathy for these people?
 
2011-11-08 10:54:22 AM
Okay hippies, you can stop occupying now. You won. Olly olly oxen free.
 
2011-11-08 11:04:27 AM
Maybe they can get part-time jobs at McDonald's.
 
2011-11-08 11:06:15 AM
madcan34: Is it just me or does anyone else feel this article was written in an attempt to garner sympathy for these people?

An article on the CNBC business and corporate fellatio website that goes with the business and corporate fellatio cable channel written to engender sympathy for business and corporate greed?
SAY IT AIN'T SO, SHANE!! SAY IT AIN'T SO!!!
/all signs point to yes
 
2011-11-08 11:10:23 AM
Still will be more money than 99.999% of the world will earn in their lifetimes.
 
2011-11-08 11:16:01 AM
So let me get this straight. Banks are making big profits and are setting aside even more money from the previous year for bonuses but you want us to believe that compensation is going down? while your firing people?

Yeah ok.
 
2011-11-08 11:30:05 AM
There was an article here yesterday that said corporate profits are at an all time high.

This article says that compensation will be less, and the big firms will likely be eliminating jobs.

Why did we bail these farkers out again?
 
2011-11-08 12:01:36 PM
I'm sure they are busily researching alternative methods for compensating in forms that will not look like "bonuses"..................
 
2011-11-08 12:22:32 PM
Maybe they mean that the rate of bonus growth is going to fall. While also unlikely, it seems more realistic than the actual bonuses dropping.
 
2011-11-08 01:21:13 PM
sooo tax payers will be giving them less bootstaps this year?
 
2011-11-08 01:31:48 PM
Strik3r: I'm sure they are busily researching alternative methods for compensating in forms that will not look like "bonuses"..................

I think we may have a winner here...
 
2011-11-08 04:05:59 PM
madcan34: Is it just me or does anyone else feel this article was written in an attempt to garner sympathy for these people?

CNBC are basically wall street oral genital polishers.
 
2011-11-08 04:45:54 PM
Cool indeed, especially the part where NY state and city taxes take a nasty hit. Taxes on those bonuses and the result economic activity like car and home purchases, restaurant meals, etc. pay a good-size part of their budgets. People are about to find out the downside of hatin' on the financial sector.
 
2011-11-08 08:47:11 PM
3.bp.blogspot.com
 
2011-11-08 10:27:33 PM
If 20-30% of the bankers on Wall Street wold fall from the bank on to Wall Street, I bet the Occupy guys would go home in a hurry.
 
2011-11-09 12:17:50 PM
jjorsett: Cool indeed, especially the part where NY state and city taxes take a nasty hit. Taxes on those bonuses and the result economic activity like car and home purchases, restaurant meals, etc. pay a good-size part of their budgets. People are about to find out the downside of hatin' on the financial sector.

Hmmm. That pithy ass-essment sounds somewhat familiar to the 99% fed up with the financial sector siphoning off money from our economy that would otherwise be used to hire ACTUAL WORKERS who pay taxes and buy cars, houses, restaurant meals, etc.
 
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