Reuters: NY governor sees Wall Street bonus cuts

[NaDiNe]

NY governor sees Wall Street bonus cuts
      

ALBANY, New York (Reuters) - Wall Street banks and brokerages may cut bonuses for their highly-paid workers by some 20 percent this year, New York Gov. David Paterson said on Monday, estimating that each 10 percent reduction in bonus pay costs the state $350 million in tax revenues.
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