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Some Wall Street Year-End Bonuses Could Hit Pre-Downturn Highs

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BACK IN THE BLACK
"After all those federal bailouts, many banks are turning handsome profits," the New York Times reports. "In financial circles, the question on everyone’s mind is this: Just how big will this payday be? The answer, it seems, is extremely big — perhaps the biggest industrywide since 2007, at the height of the bubble, according to a study released on Wednesday by the pay consultant Johnson Associates."
SOURCE:   New York Times

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