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Sun Jan 8, 2012, 02:03 PM

Bonus battles: Disgruntled bankers threaten to sue or walk

Wall Street bankers are fuming about the prospect of paltry payouts come bonus time — and plan to go nuclear.

They’re taking their cues from their disgruntled brethren in London, who are eyeing lawsuits to regain their over-the-top pay. Here at Jefferies Group, a group of brokerage executives reportedly threatened management that they would walk away from the firm if their year-end compensation was not up to par with The Street.

This hubris is just the beginning of much more to come as the downtrodden banking industry gets ready to dole out the most meager bonuses since the 2008 financial crisis.

Big banks are hoarding some of their bonus pools in anticipation of complaints. And being proactive seems to be the plan.

Read more: http://www.nypost.com/p/news/business/bonus_battles_BSxbIOec8IVZhSJeriURzI#ixzz1itYKUeMj

16 replies, 2359 views

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Arrow 16 replies Author Time Post
Reply Bonus battles: Disgruntled bankers threaten to sue or walk (Original post)
no_hypocrisy Jan 2012 OP
Gman Jan 2012 #1
LineReply .
Tansy_Gold Jan 2012 #2
Bozita Jan 2012 #3
RC Jan 2012 #4
safeinOhio Jan 2012 #5
liberal N proud Jan 2012 #6
no_hypocrisy Jan 2012 #7
canoeist52 Jan 2012 #8
NC_Nurse Jan 2012 #9
DCKit Jan 2012 #10
Bozita Jan 2012 #11
Bozita Jan 2012 #14
goforit Jan 2012 #12
hobbit709 Jan 2012 #13
pinboy3niner Jan 2012 #15
cherokeeprogressive Jan 2012 #16

Response to no_hypocrisy (Original post)

Sun Jan 8, 2012, 02:12 PM

1. To answer as Hannity would

Thats what's so beautiful about this country. You have the freedom to choose to quit if you don't like it.

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Response to no_hypocrisy (Original post)

Sun Jan 8, 2012, 02:13 PM

2. .

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Response to no_hypocrisy (Original post)

Sun Jan 8, 2012, 02:13 PM

3. Walk, you bastards, walk! ... I heard Walmart needs a shopping cart retriever in Peoria.

The grass is greener in Peoria.

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Response to no_hypocrisy (Original post)

Sun Jan 8, 2012, 02:13 PM

4. Somehow I just can't seem to find any sympathy for them.

 

Karma would be for them to live on the streets with those they bankrupted.

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Response to no_hypocrisy (Original post)

Sun Jan 8, 2012, 02:14 PM

5. Outsource bank CEO jobs.

NOW.

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Response to no_hypocrisy (Original post)

Sun Jan 8, 2012, 02:26 PM

6. That yacht upgrade just might have to wait

Awe

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Response to no_hypocrisy (Original post)

Sun Jan 8, 2012, 02:29 PM

7. This is what the bankers fear the most from the loss of their bonuses.

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Response to no_hypocrisy (Original post)

Sun Jan 8, 2012, 03:53 PM

8. Maybe they should look into forming a union.

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Response to no_hypocrisy (Original post)

Sun Jan 8, 2012, 04:49 PM

9. tough shit

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Response to no_hypocrisy (Original post)

Mon Jan 9, 2012, 12:27 AM

10. "Jump Fuckers!"

 

As seen at occupy Wall St..

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Response to DCKit (Reply #10)

Mon Jan 9, 2012, 01:19 AM

11. This was a bit before OWS, but, it was just another seed being sowed...





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Response to DCKit (Reply #10)

Wed Jan 11, 2012, 01:12 AM

14. And, ... here's a tune to go along with the photo ...




Enjoy!

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Response to no_hypocrisy (Original post)

Mon Jan 9, 2012, 06:59 AM

12. And they will get it.

 

Sad but true

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Response to no_hypocrisy (Original post)

Mon Jan 9, 2012, 07:01 AM

13. Don't let the doorknob hit ya where the good lord split ya.

Last edited Mon Jan 9, 2012, 08:11 AM - Edit history (1)

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Response to no_hypocrisy (Original post)

Wed Jan 11, 2012, 01:16 AM

15. "downtrodden banking industry"

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Response to no_hypocrisy (Original post)

Wed Jan 11, 2012, 01:19 AM

16. Maybe they'll find an ally in the former COO of Citigroup's Alternative Investments Unit...

Who just happens to be the President's new Chief of Staff.

The more we "hope" things "change", the more they stay the same...

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