Good news and less good news. The good news: junior mistmakers needn't worry much about the new rule stating that one's bonus will be taken back should he/she leave the firm for greener pastures less than a year after the money hits the bank. The less good news:
"Jefferies gave out numbers yesterday for IBD. Most associates and VPs got zero. Those that did get a bonus were given peanuts. Morale is very low."