Wall Street Pay to Hit New High

Despite the stall-out in the recovery and the decline in median wages, Wall Street executives look set for record pay-outs this year. The Wall Street Journal reports:

About three dozen of the top publicly held securities and investment-services firms — which include banks, investment banks, hedge funds, money-management firms

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Wall Street Payouts and Pitchfork Populism

I know it’s not helpful to have knee-jerk reactions to Wall Street pay, given that compensation is often more complicated than portrayed, but there’s no subtlety here: Bailed-out financial firms are on track to pay their employees as much, or more, than they were rewarded with during the pre-crisis days, More…