It's Wall Street bonus season. And, as Henry Blodget writes, the folks who have "the good fortune of working in a hot industry in a favorable market environment" are doing extremely well this year. Notably, Goldman Sachs is breaking records with a $16.5 billion bonus pool. That is roughly $622,000 per employee but some employees do better than others: "[Goldman CEO] Lloyd Blankfein, for one, will probably earn a measly $50 million (loser), whereas Morgan Sze (big man on campus), head of GS's principal strategies group in Hong Kong will go home with a check around twice that." Anyway, whether you're a $120K secretary or a $100M trader, author Michael Lewis has some some tongue-in-cheek advice for dealing with poorer relations.
posted by blue mustard on Dec 20, 2006 - 46 comments

Elizabeth Spiers, of Gawker fame, has a new site, Dealbreaker, which bills itself as "an online business tabloid and Wall Street gossip blog." Content-free snark, with links to articles of interest to Wall Street fanboys? Oh, Elizabeth, you steal my heart. But, perhaps just mine.
posted by rush on Mar 31, 2006 - 17 comments