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Reply #15: Brokers didn't push CDS? [View All]

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RUMMYisFROSTED Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-22-09 11:33 AM
Response to Reply #14
15. Brokers didn't push CDS?
My bad.

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  -Morgan Stanley offers $3 billion broker bonuses, Wells none (TARP $$$ involved) UpInArms  Feb-21-09 09:11 AM   #0 
  - It works because you retain their production over a number of years  alcibiades_mystery   Feb-21-09 09:20 AM   #1 
  - thanks for the clarification on that -  UpInArms   Feb-21-09 09:26 AM   #2 
  - Wow....  WriteDown   Feb-21-09 09:32 AM   #3 
  - I've got a beef with the $2M per year salary; forget about the bonus. nt  RUMMYisFROSTED   Feb-21-09 10:06 AM   #5 
  - The $2 million a year is the production  alcibiades_mystery   Feb-21-09 10:19 AM   #6 
     - Average broker pay is $300K a year, plus $60K retention bonus.  RUMMYisFROSTED   Feb-21-09 11:09 AM   #7 
        - That's neither here nor there  alcibiades_mystery   Feb-21-09 12:12 PM   #10 
           - The point is that who else gets a yearly 21% bonus for retention of their services?  RUMMYisFROSTED   Feb-22-09 10:06 AM   #11 
              - Because there's a market for it  alcibiades_mystery   Feb-22-09 10:25 AM   #12 
                 - No one said anything about exclusivity. But I contend it is much rarer  RUMMYisFROSTED   Feb-22-09 11:09 AM   #13 
                    - The problem was not among brokers  alcibiades_mystery   Feb-22-09 11:22 AM   #14 
                       - Brokers didn't push CDS?  RUMMYisFROSTED   Feb-22-09 11:33 AM   #15 
                          - So, you really think that these companies are paying out brokers  alcibiades_mystery   Feb-22-09 11:41 AM   #16 
                             - No.  RUMMYisFROSTED   Feb-23-09 09:21 AM   #17 
  - questions  tooko13   Feb-21-09 11:54 AM   #8 
     - Answers  alcibiades_mystery   Feb-21-09 12:10 PM   #9 
  - No wonder wall street brokerage units are full of corruption, malfeasance and...........  Double T   Feb-21-09 09:41 AM   #4 
 

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