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To: ~digs who wrote (1951)1/11/2006 1:43:44 PM
From: ~digs  Respond to of 7944
 
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To: ~digs who wrote (1951)1/11/2006 9:15:24 PM
From: paret  Respond to of 7944
 
Wall Street Bonuses Hit $21.5 Billion
AP via Yahoooooo ^ | January 11, 2006
news.yahoo.com

NEW YORK - Bonuses at Wall Street firms climbed to a projected record of $21.5 billion last year as revenue grew, according to the New York state comptroller's office.

Comptroller Alan Hevesi said Wednesday that 2005's bonus tally was $2 billion more than the old record, which was set in 2000. In 2004, Wall Street bonuses came to an estimated $18.6 billion.

Last year's average bonus was pegged at $125,500, also a record, Hevesi said.

Revenue at Wall Street firms rose 44.5 percent through the first three quarters of 2005, climbing to the highest level since 2000, the year when the stock market peaked, Hevesi's office said. The mergers-and-acquisitions business accounted for most of the surge.

"The securities industry had a very good year during 2005," Hevesi said.



To: ~digs who wrote (1951)1/11/2006 10:55:33 PM
From: paret  Respond to of 7944
 
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