Comp Watch '09: Cloak And Dagger At Bank Of America

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Let's not jump to conclusions. They could be getting raises, or they could be getting fired, or they could be receiving a crash course in how one should approach Ken Lewis when it's 7AM and he needs to be dragged out of the biker bar, hosed off and sobered up before work, which is a task the newbies will be staffed with on a rotating basis.

Rumors of 10k raises for incoming BAC-ML analysts...HR asked all trainees to come in half an hour early today, and has split up the group according to geographic regions, fueling speculation that some groups won't be getting the bump (apologies to anyone in equities/Dallas)...

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