Wall Street Shows

Note: This article contains extracts from article in Wall Street compensation would reach $144,000 million, written by Liz Rappaport, Aaron Lucchetti and Stephen Grocer for the Wall Street Journal as a sample of that money goes toward the wealthy, even in times of crisis, I write this article, based on information recently published by The Wall Street Journal. Let’s see what the article says: the total compensation at Wall Street firms is on track to surpass records for the second consecutive year, according to an investigation by The Wall Street Journal. More than three dozens of major companies that are traded on stock exchange and services companies among which are banks, investment banks, hedge funds, money management firms and investment markets stock will pay about $144,000 billion in salaries and benefits this year, which will mean an increase of 4% compared to US$ 138.900 million in 2009, according to the study. Is hoped that payments climb in 26 of the 35 signatures.Altogether, it is expected that Wall Street pay 32.1% of their income to their employees, the same percentage as last year, but less than 36% from 2007. The gains, which were depressed by losses in the past two years, recovered from the crisis of 2008.

But the utilities estimated for 2010, US$ 61.300 million, of the surveyed firms are 20% below the record of $82,000 million from 2006. In the same period, the remuneration in the surveyed firms increased 23%. As you can see even in times of limited income, rich people always earn more. To that should be this? This is due to those who believe that it will win more, earn more. No matter the State of the economy. Poor people think it is unfair to pay them more, it is unfair that the rich always carry chop more big. That way of thinking is a mistake, the rich earn more, because they have better beliefs.