Wall Street Bonuses
markhutch
Posted: Jul 25 2009, 10:58 PM


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Almost everyone in the world believes that million dollar bonuses on Wall Street are unfair and unnecessary, but the practice of providing those large bonuses continues - even at huge companies that are currently owned by U.S. taxpayers like AIG. So what's really up with these big bonuses that are provided to the best educated Americans who are lucky enough to land a job on Wall Street? In some ways, large bonuses are a good thing not only for corporate America - but also for the nation as a whole. To me, when a bonus is paid to an employee of a company - that bonuses should be awarded based on a persons hard work in helping that company to either grow successfully or as a perk to employees that have helped the company profit because of their exceptional skills and dedication. However, in more recent times - Wall Street bonuses have changed from their origional purpose and instead now many of the most lucrative bonus packages are paid to CEO's that neither grew the companies they ran or provided the shareholders with a good return on invested dollars.

Wall Street Bonuses


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