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BofA approved more than $4 billion for 2009 pay

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OhioChick Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-02-10 11:57 PM
Original message
BofA approved more than $4 billion for 2009 pay
Source: Reuters

3 Feb 2010, 1011 hrs IST, REUTERS

NEW YORK: Bank of America Corp has approved more than $4 billion in 2009 pay for its investment bankers and traders, according to the Wall Street Journal.

The payout is about 19 percent of the $23 billion in revenue the company made from its investment banking and capital markets divisions, according to the Journal, citing a person familiar with the matter.

Each banker and trader will collect an average $300,000 to $500,000 for 2009, a figure close to what Bank of America paid in 2006, its peak year for such payouts, the report said. Bank of America was not immediately available for comment.


Read more: http://economictimes.indiatimes.com/news/international-business/BofA-approved-more-than-4-billion-for-2009-pay/articleshow/5530079.cms
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sce56 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-03-10 01:40 AM
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1. I belive the term RAT F@$KER'S comes to mind when I think of these worthless Wankers! n/t
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GiveMeFreedom Donating Member (445 posts) Send PM | Profile | Ignore Wed Feb-03-10 03:29 AM
Response to Original message
2. Oh, here we go....
FUCK BANK OF ASSHOLES!!!

I am losing my house to these greedy fuckers. Jeezus Fucking Christ I am having another spiritual experience and heaven isn't in it, fuck, fuck, and fuck!!
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