Bonus Watch: Bear Stearns Bonus Wipe Out Hangover
Yesterday the lads and lasses at Bear Stearns got their bonus numbers, which means that last night was ridiculous. It’s almost always this way around bonus time, with young bankers drinking themselves...
View ArticleThis Is Almost Too Much To Bear
We like to think our time working for this e-rag has given us, if not company-supplied dental insurance, a strong stomach, able to withstand the most hideous, funky tasting spunk of news. But this...
View ArticleSetting The Story Straight On The Merrill Bonus Rage
Earlier this afternoon, CNBC’s Charlie Gasparino reported that some guy in Merrill Lynch’s fixed income research group had “inappropriately relieved” himself in protest of the downsizing of his bonus....
View ArticleIn Defense of Wall Street Bonuses
The worst fears of investment bankers regarding bonuses have not come to pass. Declining profits at many Wall Street banks, record breaking losses at some, and dire predictions from compensation...
View ArticleEating Out (On Charlie Gasparino)
Those watching CNBC’s “The Call” circa 11:30 this morning know that Charlie Gasparino lost a bet to Mary Thompson over how big Lloyd Blankfein’s package would be this year, with Melissa Francis...
View ArticleShocker: Bonuses Will Be Down In 2008
The Wall Street bonus pool will be even shallower this year, according to the most obvious report ever. As merger activity slows and banks write down billions of dollars of assets, bonuses for...
View ArticleFortress Makes Sure Someone’s Doing Better Than Cheeseball Rockstars
How’s your PnL looking so far this year? Happy your long dollar position is starting to look good? Or are you annoying your b-school alumni affairs office asking them to post more jobs for experienced...
View ArticleBonus Watch ’11: UBS Might Not Be Paying Out Bonuses In The Traditional Sense...
Will you be thanked for your hard, non-rogue-esque work over the year? Probably. Will you receive any actual money? Probably not. It was suggested that the [Adoboli] losses could mean that thousands of...
View ArticleBonus Watch ’11: Kweku Adoboli Apparently To Blame For All Crappy Bonuses In...
Not just at UBS. With UBS expected to pay significantly lower bonuses as a result of the $2.3bn (£1.5bn) allegedly lost by Kweku Adoboli, one of its London traders, other banks are expected to bid down...
View ArticleBonus Watch ’11: No Bonus For You (If You Work At Goldman Sachs)?
Supposedly. Goldman Sachs is planning to slash bonuses to almost zero amid growing expectations that the Wall Street bank is about to slide into the red for only the second time in its...
View ArticleBonus Watch ’11: James Gorman Advises MD’s To Keep Their Expectation Low
Really low. Like lucky if you get a free cannoli low. Sayeth Charlie Gasparino: “Everything is not very good inside. It’s the end of the year, its bonus time. James Gorman is telling people to lower...
View ArticleBonus Watch ’11: Jefferies Employees Might Not Want To Make Any Sudden Movements
Maybe you’re a Jefferies employee who thinks the light at the end of the tunnel is near. Bonus time’s a’ comin’ and once you get yours, you’re out of this place, you’ve told family and close friends....
View ArticleClik here to view.
Bonus Watch ’13: SAC Capital
Back in December, a bunch of recruiters made the bold claim that following the government’s charges against former portfolio manager Mathew Martoma, SAC Capital employees were, if not giving them the...
View ArticleEU Bullies Gang Up on Britain to Approve Bonus Limits
The surprise camaraderie enjoyed by the U.K. in European circles, vis-à-vis the European Community’s campaign to destroy London’s status as a global financial center, has evaporated as quickly as it...
View ArticleBonus Watch ’13: Man Group
Nothing to see here. Continue reading »Follow Dealbreaker on Twitter or become a fan on Facebook.Tags: bonus caps, bonuses or lack thereof, Lazard, Man Group, sure we're laying you off but we're also...
View Article
