Bonus Watch '11: Credit Suisse

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Speculation has been going around that some employees will be receiving a whole lot of nothing.

"Not that I like to keep this train rolling after the Jefferies announcement but it's been circulating around the floor that 2/3 of Global Credit Products will not be receiving bonuses at Credit Suisse this year. Bank loans and HY will like be in top 1/3, bonus-receiving part of the audience. Investment grade, MBS, and specific underperforming people will likely be in the bottom 2/3."

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