Analytical Wealth

Even though we’re still in a near full on banking crisis, it’s nice to see that the investment Banks haven’t greatly reduced their bonus amounts, the last thing we need is I-bankers running around driving in Pedestrian BMW 540s instead of Aston Martins. All criticisms (and sarcasm) aside, I can see the bank’s point as far as needing the bonuses to attract and retain top talent. BUT, part of this is their own fault due to the compensation culture they’ve created. Still, there should be more industry wide bonus pain felt this year due to the abysmal results of many banks. No one should be expecting a huge bonus when their employer is selling itself to foreigners to stay afloat, so if your employees have that expectation something is obviously broken.