Wall Street banks paid out nearly $122,000 in bonuses per banker last year, an increase of 9 percent over 2011 — and some 142 percent of the last available median household income recorded in this country.
After making her name defending the little guy from the greedy clutches of Wall Street's worst villains, Elizabeth Warren will finally have the chance to grill the country's top bankers on the Senate Banking Committee.
Morgan Stanley will soon let its 18,000 financial advisers have access to Twitter -- that access, however, will be very limited and thus, their tweets will be very boring.
CNBC's John Carney must have an iron liver. How else could he elicit so many embarrassing comments from so many Wall Street types about their summers not spent relaxing in the Hamptons.
In the annals of crime, there is a place reserved for the banker—a special sort of banker, mind you, not just the guy who offers you free checking with your savings account, presuming you keep a certain balance, at Chase.
The guy Europe's financial lobby hired to fix its image feels "pipe-and-slippers at home in a disaster zone," the Telegraph once wrote, which makes sense, since he's tried to manage some of the worst PR disasters in recent memory.
We do not know exactly what happened with the Morgan Stanley executive arrested for balking on his fare and then stabbing the cab driver outside his home, but we do that Jennings is in for a hell of a time in the press.
Everybody's been waiting for the expletive-filled YouTube video that sums up the standoff between the 99-Percenters and the 1-Percenters down on Wall Street. Found it.
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