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Strategies & Market Trends : Sharck Soup

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To: DebtBomb who wrote (25338)	5/30/2001 12:36:44 AM
From: 2MAR$	Read Replies (1) of 37746

This will break your heart ... CSFB Won't Give Mid-year Raises To Top Tier - NYT NEW YORK (Dow Jones)--Credit Suisse First Boston (Z.CSF) told 5,400 executives in the investment banking operations they wouldn't be receiving midyear raises, the New York Times reports in its Wednesday edition. A memorandum employees received from Allen D. Wheat, the firm's chief executive, said "in light of market conditions, there will be no 2001 midyear salary increases for existing vice presidents, directors and managing directors," the Times said. The Times reported lower-ranking professionals would have their annual reviews and would receive raises. (END) DOW JONES NEWS 05-30-01

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