On Wall Street, sky-high payouts may fall to Earth (AP)

Posted by admin on February 24, 2009 under News | Read the First Comment

On Wall Street, sky-high payouts may fall to Earth (AP)

In this Oct. 10, 2008 file photo, a businessman walks his son to school as they pass the New York Stock Exchange, in New York. In the neighborhood surrounding the New York Stock Exchange, many finance industry employees say they are more worried about keeping their jobs than they are about their paychecks dwindling. But, in the performance based financial industry, some believe the loss in compensation goes with the territory.(AP Photo/Mark Lennihan, File)AP – With the economy in the throes of a historic meltdown, financial workers everywhere fear layoffs. But even those who keep their jobs may face a far different future than they had imagined

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