Bonus Watch '08: Bank of America Offers Merrill Brokers Big Bonuses, Strings Obviously Attached

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Oh to the yeah, people. You might not be getting a bonus for a job done this year, but Bloomberg reports that Bank of America is offering Merrill brokers sort of a sweet deal if they promise not to leave (ever). Brokers who generate over $1 million will receive one hundred percent of the revenue brought in, though it'll be paid out over seven years. Those producing $500k-1million will receive "smaller" goodie bags.

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