Just think how much more your stocks would be worth if they didn't have to pay these bonuses.
I give the industry credit in that regard - they place alot of demands on their workers (they work alot of hours), but pay them very well, and pass those costs along to the customers in terms of fees, etc. its a hell of alot better then working in tech for example, where they make the same demands on your work hours, and then tell you you are "overpaid" because someone in India will do the work for $15K a year.
that's why colleges are packed with people going for finance, MBAs, and law degrees - while engineering enrollment is imploding. if you can't beat em, join em.
"Just think how much more your stocks would be worth if they didn't have to pay these bonuses."
They would be worth less without the movers and shakers on Wall Street who make it happen.
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Trader bonuses have nothing to do with the price of shares traded or the value of any stock.
"Just think how much more your stocks would be worth if they didn't have to pay these bonuses."
Just think how much more R&D a company could do if it wasn't spending all that money on these guys.
This is one of the reasons that US companies are having trouble competing with companies overseas. R&D dollars are being squandered on executive pay.