A bipolar world
In Dec. 2006, the 5 brokerage firms in New York - Merrill Lynch, Morgan Stanley, Lehman brothers, Bear Sterns and Goldman Sachs - paid out $36 billion as bonus to their brokers. Their compensation and bonus together roughly are equal to Vietnam's GDP.
We are living in a bipolar world with huge wealth concentration.
Source: Barrons, Jan 15, 2007
Labels: Money
1 Comments:
I have the wrong job!
8:49 PM
Post a Comment
<< Home