Modest Bonus Year on Wall St., but Stock Could Yield Fortunes

Buffeted by lackluster profits and turmoil in the global markets, Wall Street is bracing for one of the worst bonus seasons in recent memory. But in the alchemy of high finance, bankers are hoping to turn the slump to their advantage.

Financial firms are preparing to dole out huge amounts of stock at depressed prices, the value of which could rise substantially in a few years.  Read more

Categories: Economics, United States

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