Just To Reiterate

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BAC Bonuses: wouldn't cover Ken Lewis's Friday afternoon tabs. From the front lines:

In fixed income, the most anyone (not-contract, non-Merrill) got was an MD who did 60+ million in risk-free revenue who was paid 100k. The guy obviously had a lights out year, possibly doubling whoever came in second - staggering. Most everyone got zero but I do know one or two traders who were very good and were paid approx. 8k for their efforts.

Earlier: Bonus Watch '09: BAC

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