Really low. Like lucky if you get a free cannoli low.
Sayeth Charlie Gasparino:
“Everything is not very good inside. It’s the end of the year, its bonus time. James Gorman is telling people to lower their expectations about 2011 bonuses. He is indicating they will be down from last year dramatically and some Managing Directors, the highest paid people, should get zero bonus this year...Morgan Stanley has no comment. ”