Results tagged “Bonuses” from Dealbreaker

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Former Wall Street Trader Melanie Berliet Took High Road, Did Not Have Sex With Boss, Still Got Screwed, Thinks You're All Whores

Once upon a time, before she was sleeping with married men and having people eat raw fish off her raw fish, all in the name of journalism, Melanie Berliet supposedly worked as a bond trader at "an elite investment bank."...

Bonus Watch '09: Galleon Group

While it's not yet clear how investors will fare, we're told that Raj-Raj is taking care of his employees. The Galleon team will be paid bonuses based on the fund performance at the date of shutdown, plus two months severance,...

Bonuses Are Back, Unless You Work For A Hedge Fund Or Citigroup Or An M&A Desk Or In France...

The good old days are back, at least for traders at investment banks. Little more than a year after the credit/economic crisis that was supposed to have changed Wall Street forever, I-bankers are set to be rolling in dough come...

Bonus Watch '09 (And Beyond): RBS (To Be Paid Entirely In Debt?)

From a none too pleased employee of the Queen: RBS in Stamford got the conference call after the "Oh, we're taking more money from the UK government" news yesterday. (No one understood we why needed more money.) Anyway, since in...

Barclays Chief: Jesus Loves Bonuses

Are you expecting to receive an obscene amount of cashola this bonus season? What one might characterize as perhaps an "ungodly" amount? Are you feeling slightly conflicted about it, 'cause while you love all that ka-ching! on your face, you...

Bonus Watch '09: Barclays

No projected numbers (yet), though apparently the breakdown of the goodie bag being considered is not making our favorite chippies very happy (and you know what the junior UK rainmakers do when they're not happy-- bitch!). Just keep your fingers...

Michael Moore Misses The "Leave It To Beaver" Days Of Capitalism

Visit msnbc.com for Breaking News, World News, and News about the Economy He's also not down with the $30 billion Bank of America is set to hand out in bonuses, and would instead prefer a warrant for Ken Lewis's arrest....

Will Bonuses Really Be That Good At Non-TARP Banks This Year?

There is little doubt one of the main motivations for paying back the TARP was to allow firms the flexibility to pay their top people commensurate with their pre-crash expectations and avoid further defections. But will the bonus and spending...

Comp Watch '09: Credit Suisse Raising Base Pay?

Possibly, according to an employee of the less tax evade-y Swiss bank in town, who overheard the change being discussed by management in an 11 Madison Avenue elevator last night. Obviously don't get too excited, though, as it's not really...

Secondary Effects

Active interest this morning in Credit Default Swaps on New York Munis. Not surprising given that New York is going to take it on the chin if the recent slew of bonus-bans takes hold. To the extent taxes are a...

Bonus Watch '09: Try Not To Mention The War

Deutsche Bank bonuses are looking at a 60% cut, or so Bloomberg claims: Business units hardest hit by the financial crisis such as structured products and proprietary trading will face larger reductions than areas including foreign exchange and commodities, said...

I Want You To Find This Nancy-Boy Lloyd Blankfein, I Want Him Dead! I Want His Family Dead! I Want His House Burned To The Ground! Oh, And Send Him An Invitation To My Fundraiser Dinner, Would You?

Really, you don't get much more full of yourself than this. All we can hope for (and we are really hoping believe me) is that somewhere out there, lurking in the shadows of a moderately priced weekend package for a...

Bonus Watch '09: Goldman Sachs

Good news and bad news. The good news: it's time to start talkin' bonuses again. It's been a while, so this feels great. The bad news: a gaggle of Goldman Sachs employees in Equity and Equity Derivatives will not be...

Fortress Makes Sure Someone's Doing Better Than Cheeseball Rockstars

How's your PnL looking so far this year? Happy your long dollar position is starting to look good? Or are you annoying your b-school alumni affairs office asking them to post more jobs for experienced grads (Hey, Columbia, are you...

Bonus Watch '08: Goldman Sachs

Top first years, S&T: 60k, "plus a 20k increase in base." Update: another self-described "top" first year in S&T claims it's more like 75K. I don't know what to believe. If only someone signing checks from the inside could comment...

Bonus Watch '08: Goldman Sachs

Top second years: 95k. Related: Goldman Changes Bonus Schedule To Treat Plankton Like People...

Bonus Watch '08: Morgan Stanley Update

Exceptional second years at Morgan Stanley are said to be receiving 100k, a figure that sounds high but was apparently made possible "by dicking over the middle and bottom tiers."...

Bonus Watch '08: Morgan Stanley

"Average" first years in ISG got 50k, "average" second years got 65k. Some are "disappointed," some are "relieved," some are waiting for their more exceptional colleagues to tell them what to think....

Goldman Changes Bonus Schedule To Treat Plankton Like People

"Goldman just announced a change in its bonus schedule for two-year program analysts. Bonuses are usually announced in July, like other investment banks do for their analysts. This will change to align with bonuses in the rest of the firm,...

Bonus Watch '08: BNP Paribas

First year analysts: 65k. In lieu of any other information (about BNP bonuses/anything), please enjoy the following, on me:...