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Wall Street Cash Bonuses Climb 8% to $20 Billion, DiNapoli Says

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Wall Street Cash Bonuses Climb 8% to $20 Billion, DiNapoli Says

By Freeman Klopott & Laura Marcinek - Feb 26, 2013 10:19 AM ET

Wall Street’s cash bonus pool rose 8 percent to $20 billion in 2012, according to projections by New York state Comptroller Thomas DiNapoli.

Employees took home an average cash bonus of almost $121,900 last year, DiNapoli, a 59-year-old Democrat, said today in a conference call with reporters.

more@Bloomberg.com




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