Wall Street Bonuses To Sink

Market crisis hits paychecks

By Peter Fearon, Newser Staff

Posted Aug 22, 2007 12:31 AM CDT

(Newser) – The credit crisis, which has surged across the global financial infrastructure like a tsunami, washing away millions of share prices, is about to hit one of Wall Street's most hallowed traditions —the fat bonus. The extra pay for all but an elite few may... Read full story »

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Wall Street Bonuses To Sink

Market crisis hits paychecks

Losing Shirts

private equity • Wall Street • Goldman Sachs • Bear Stearns • hedge fund • credit crisis • bonuses • Whitney Group • Options Group • Glocap Search • financial crisis

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More Newser Stories

Wall Street Weighs Huge Bonuses Vs. Public Wrath

Small signs of restraint as bonus season begins with record profits

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Top execs will get stock that can't be cashed for five years

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Experts are predicting cuts of 20%-50%

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Even giants taking a federal handout set aside millions for execs

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