Archived posting to the Leica Users Group, 2008/01/19
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]those are pretty typical levels for any of the broker-dealers like ubs (where i work) or morgan or merrill--in an average year. problem is they lost so much money in housing-related securities in 2007 that it's hard to pay anybody. these companies have to get outside investors to maintain regulatory capital. now hedge fund manager john paulson took a famous bet against u.s. housing and PERSONALLY in 2007 earned an estimated 3-4 billion dollars. he's the guy who is hiring greenspan as an advisor. goldman sachs also famously bet against the housing market and stands pretty much alone among investment banks to turn in huge profits. you win some, you lose some. -rei On Jan19 10:31, Frank Filippone wrote: > Obviously you do not work for ( now I forget who, but it was a NYC > financial > powerhouse) who just gave out yearly bonuses averaging $250K .......with > the > big wigs getting upwards of several Mil. > > Frank Filippone > red735i@earthlink.net > > > - > if and when > bonuses return to the finance market. > > -rei -- Rei Shinozuka shino@panix.com Ridgewood, New Jersey