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$125K average bonuses for the year? I think it's fair to say that the Bullriders on WallStreet have fallen. Now it's up to the clowns to save them.
remember this story?
" Brokers get creative to lure bonus money
By Philana Patterson
In Manhattan residential real estate, Wall Street bonus time is business time, and business is good.
With news that this was the best year ever for bonuses, and following a strong 2005, real estate brokers and agents are primed with strategies to capture a portion of Wall Street's good fortune. According to the New York state Comptroller's Office, Wall Street bonuses set a record of $21.5 billion in 2005, surpassing the previous record of $19.5 billion set in 2000. That translates into an average bonus of $125,500 - also a new record, though that number tells only a small portion of the story.
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