Bonus Watch '09: Bank of America


First year Bank of Amerillwide employees have apparently received $38k bonuses for S&T and $30k stubs for research. The budding Kens also all had their base pay raised to $80k from $60k. For those keeping track at home, second rate first year staff at Citi are still killing this thing, thanks to the generosity of Tim Geither, and certain well-heeled Prince. Ken Lewis is said to be telling lieutenants he's planning on buying everyone a round tonight but do note that he said "planning" as in there'll most likely be a skipping out on the tab situation.