Lavish bonuses rain down on Wall Street


Top earners: The Wall Street sign is seen outside the New York Stock Exchange. Wall Street is abuzz with news about the swelling number of people scoring eight-figure pay packages this year. — Reuters

NEW YORK: Ten million dollars (RM41.85mil), US$15mil (RM62.8mil), US$25mil (RM104.6mil), more: Big money is back on Wall Street.

Not since the late 2000s, when lavish bonuses rained down before and after federal bailouts, have pay packages at US investment banks swelled as much as they have right now.

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