Dire Year on Wall Street Yields Gigantic Bonuses
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Wall Street's five biggest firms together paid a record $39 billion in bonuses, even though three of them suffered the worst quarterly losses in their history and shareholders lost more than $80 billion.
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The holiday season has arrived and with it the ultimate in year-end giving, bonus season on Wall Street. Top executives of the leading financial firms are now spending
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How the financial engineers known as "quants" contributed to Wall Street's summer of scary numbers.
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The FTSE 100 gains 7.5% in value over 2004 in a year tainted by high oil prices and rising interest rates.
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These five stocks blew the market away in 2007.
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One reason Wall Street is poised to turn in a solid performance in 2006 may surprise you.
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Diversification kept things from being even worse for this investment banker.
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After a tumultuous year marked by volatility, recession fears and credit woes, top advisers place their bets.
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US mutual fund investors could be hit with a record $350bn capital gains tax bill because their funds took big profits from rising stock markets last year.
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It's bonus season on Wall Street and there's plenty of holiday cheer this year. The New York State comptroller yesterday said the securities industry will distribute envelopes stuffed with about $24 billion -- a sum larger than the gross national product of many countries. If you were to add in the hedge funds arrayed along the Connecticut gold coast and the private-equity firms scattered around the country, the number could easily top $50 billion....
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Financial markets were hit hard by a disappointing jobs report.
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Earn huge gains while risking less capital, if you dare.
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Business & money: Wall Street threatened by crumbling housing market.
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On Wall Street, where they&#39;re eagerly awaiting some near-record bonuses this year, the workers were a bit worried about joblessness yesterday - other people&#39;s, not their own.
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New York City residents should earn a record $381 billion this year because the thousands of job cuts on Wall Street will have a delayed impact and 2006 was such a profitable one for the financial sector.
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The Dow Jones industrial average reached a milestone in Wall StreetÂs nearly seven-year recovery from corporate upheaval.
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Fidelity Investments is in the middle of an investigation about gifts and entertainment on Wall Street. And some on Wall Street have never been happier.