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Bison256 t1_izflyax wrote

Isn't half still more than most people make?

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st_raw t1_izfsbn6 wrote

Sorry boys only half a million this year…

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[deleted] t1_izg8xop wrote

Their bonuses are probably more than most people's annual salary. They're the last people I have sympathy for.

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Quirky_Movie t1_izi4qnr wrote

When I worked at a hedge in 2006? Bonuses were hundreds of thousands to over a million for more senior executives--and I'm not taking MD level. Salaries on th other hand could be kind of average for a professional. The bonus is the big payout.

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_Maxolotl t1_izhy51f wrote

Oh no. Not the banker bonuses!

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StrngBrew t1_izgjcis wrote

Will they at least get a membership in the jelly of the month club?

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yuckyd t1_izh9eup wrote

That’s the gift that keeps giving all year long Clark…

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th3D4rkH0rs3 t1_izhaka4 wrote

Where's my worlds smallest violin?

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bkornblith t1_izgibiv wrote

Lol - they only get $200k poor bankers

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your_rethra t1_izh9a38 wrote

I mean you could have chose banking if you wanted the money lol, you sound jealous

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TheGrandNotification t1_izhonas wrote

Yeah I’ll never understand this mentality. Average pay by industry is widely available, public information. If you want to make a lot of money you choose a field that provides that.

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_Maxolotl t1_izhyf6j wrote

A bunch of people I know from high school are working for big banks or for hedge funds, in senior positions.

Every single one of them is the son of somebody who had a similar job before retiring.

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volkommm t1_iznqoih wrote

It is painfully easy to get into finance and be successful if you aren't an idiot and have a modicum of work ethic. That already rules most people out

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[deleted] t1_izg8tpi wrote

Geez, I hope they can survive. Maybe we should start a GoFundMe for them. I'm really worried.

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notuniqueadvertising t1_izjngbt wrote

Eat the rich! I agree, but keep in mind how much this money gets spread around Manhattan and supports restaurants, clothes and jobs for others. Downtown will feel it too. Just like crypto bros ain't spending in Miami, Wall Street is huge part of economy.

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bustedbuddha t1_izjbq4h wrote

I just want to point out that the article points to the year to date gains as of 9/30 to justify the cuts to the bonus pool and 9/30 is the bottom of the market dip. They're even playing dirty pool with their own.

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yodatsracist t1_izj4qao wrote

Do you legit read Semafor? This is only the second time I’ve seen it in the wild and I’m curious if it has regular readers.

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Reallifealphamale t1_izq6vqw wrote

You realize without huge bonuses this city cannot function? Who is paying for all the pet projects from city hall? Not the people in this thread I can guarantee you.

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knockatize t1_izgooeu wrote

In other news, NY city and state governments based next year’s budgets on what they thought they’d get in tax revenue.

Expect a 22% increase in driving-while-black tickets.

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DifficultyNext7666 t1_izgsqv2 wrote

Lol when was the last time you saw a cop do anything? 22% increase of 0 is still 0

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