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$andman asked in Business & FinanceInvesting · 1 decade ago

How much $$$ in bonuses has the top 100 Wall Street houses awarded in the last 10 years?

Does it approach $900B?

5 Answers

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  • AZNYC
    Lv 4
    1 decade ago
    Favorite Answer

    I don't know either, but check out this article from the Economist.

    http://www.economist.com/finance/displaystory.cfm?...

    If you add up the figures they mention (total compensation from the last 3 years at Lehman, Bear, Merrill, Citi) it comes to just over $100 bilion. That doesn't include Goldman, Morgan Stanley, JPMC and some others, and it's only 3 years.

    I still don't think it would come to 900B, though, because once you move beyond a few huge players, the numbers are much smaller. And once you go back a few years, the bonuses weren't quite so obscenely large. I would expect a grand total of around $500 billion, but that's a wild guess. It's still quite a chunk of change, though.

  • dk
    Lv 6
    1 decade ago

    It would be less. but last year Wall Stret awarded 16 billion in bonuses.

  • 1 decade ago

    I haven't got a clue but my guess is a lot more than the amount of all the bailouts and the stimulus Package all rolled together.

    I would bet it exceeds 900 billion.

  • 1 decade ago

    close to $1,000,000,000,000

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  • Anonymous
    1 decade ago

    no

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