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Reuters: Wall St bonuses down 44 percent in 2008: NY State

Started by NaDiNe, January 28, 2009, 01:59:35 PM

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NaDiNe

Wall St bonuses down 44 percent in 2008: NY State
      


NEW YORK (Reuters) - Wall Street firms slashed cash bonuses for New York City employees by 44 percent in 2008, as they reeled from record losses in the securities industry, New York State's comptroller said in a report issued on Wednesday.<div class="feedflare">
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