Discovered a new financial services web site today called Fierce Finance that has some compelling content and a cool name. Here are a couple of the items…
Wall Street bonuses if handled correctly, may not be that controversial.
If banks are not accepting even more in taxpayer funds and are making profits legitimately, I doubt anyone will have a problem with big bonuses.
It will be challenging however after what is anticipated to be fairly large profit reports from a few of the larger financial institutions. That has ramifications for stirring up the Main/Wall Street debate, compensation restrictions by Congress (and fanning the flames of housing demand in the NYC metro area).
And a slide show of the more “infamous” properties that were tainted in controversy in the past year.
Between the SEC’s post-Madoff hyper vigilance and the intense media coverage of the financial services industry, a great deal of scandal has surfaced over the last year.
Tags: Wall Street Bonus