Wall Street: Taking Bailouts, Giving Bonuses?

The nation may be diving headlong into recession, but that's not stopping financial firms from a cherished year-end tradition: the awarding of bonuses. Wall Street will distribute bonus checks come December because that is how Wall Street works, experts say. Those checks will be smaller than the big payouts of recent years, however, according to Johnson and Associates, an executive compensation consulting firm, which has released a report estimating that Wall Street bonuses will be down as... Full Story