Wall Street Bonus Pool Down In 2010
New York State Comptroller Thomas DiNapoli said that the Wall Street cash bonus pool was down 8% last year, but that Wall Street is actually very healthy, as a lot of the compensation was received in other ways.
Restricted stock, options, and other forms of compensation brought the Wall Street bonus pool to a healthy 6% rise in 2010.
DiNapoli said that the change of the Wall Street form represents a change in how Wall Street is paying its employees. It represents a noticeable change in restruction, as well as Wall Street reform.
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