It's the season for Wall Street bonuses. But this year, the average investor is watching.
In a time of staggering losses, massive layoffs and talk of a global economic recession, the issue of executive end-of-year pay has become a lightning rod for investors angry over Wall Street's excesses.
Last year, bonuses in the financial sector totaled more than $33 billion.
This year, the CEO's of several top firms, including Morgan Stanley, UBS and Goldman Sachs, have said they won't be receiving...Full Story