The Top 0.1% On Wall Street Do Much Better Than Middle Managers

Wall Street bonuses this year are expected to be lower for most employees. The top executives are an exception. They are expected to receive large bonuses, primarily in stock. Most of the banks have seen their stock prices fall by 40% this year. The CEO of Citigroup will receive a $16.7 retention bonus this year. That is one way to get around pay for performance.