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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (52423)	2/2/2006 1:26:04 PM
From: sonofhino	Respond to of 110194

Year end bonuses for the high rollers.

To: mishedlo who wrote (52423)	2/2/2006 1:39:29 PM
From: russwinter	Read Replies (1) \| Respond to of 110194

Not sure I agree with your analysis. How much of that growth was at the top end (highly paid executives etc?)> Not agree with my analysis? What analysis, I'm simply stating the reality, withholding for wages is up 11.3%. <How much of that growth was at the top end (highly paid executives etc?)> I imagine a good portion of this are indeed Bullies, Pig Men, Wall Streeters, and execs. Or perhaps just those priviledged folks and their poodle groomers and waiters? But even if it's practically all Bullies and their groomers, that kind of elitist Brazil-like compensation profile is still highly inflationary. Ben has his work cut out. Still, I also feel Joe Six is getting more than 2% wage increases now. He has too, to make up for the 7% inflationary expenses he bears sucking on Bullies fumes. The NY Times article is a classic, sex in the city crowd taking over. nytimes.com

To: mishedlo who wrote (52423)	2/4/2006 2:00:17 PM
From: bond_bubble	Read Replies (1) \| Respond to of 110194

Russ/Mish, Does this wage increase include health indsurance/benefit increase? i.e if actual salary remains same and benefits cost increase, will it be reported as wage increase? Suppose health insurance premium goes up 10% (and insurance cost per employee/family is about 4K/annum or say 5% of the salary, for lower salary people it could be 7% of the salary as their benefits are lower), then the wage increase would be 0.5% per annum. i.e actual take home salary rose 0.5% less. Is this calculation correct? Or does salary NOT include benefits? Ofcourse, discarding 20B bonus in wall street, the salary rise could be even lot less. I'm assuming bonuses are part of salary increase.