..I want to be a banker now. I studied Engineering and computer technology instead of commerce and economics... what a waste of time and money. Read it here and you know why I'm saying this.
A para from bloomberg
A para from bloomberg
Wall Street firms have shared profits liberally with employees. The five biggest -- Goldman, Morgan Stanley, Merrill, Lehman Brothers Holdings Inc. and Bear Stearns -- paid their 185,687 employees $66 billion in 2007, as problems with subprime mortgages mounted, including about $39 billion in bonuses. That amounts to average pay of $353,089 per employee, including an average bonus of $211,849. The five firms had combined net income of $93 billion during the five years through 2007.
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