HOW JOLLY ON THE STREET?

摘要

The mortgage maelstrom has generated at least $30 billion in losses on Wall Street—and fears that bonuses may be so low they'll crimp New York's economy. But for some bankers, bonus season may still be jolly, says Michael Hecht, an analyst at Banc of America Securities. Revenues for 2007 could be record-breaking at the top five firms, he says—up 7% over last year's high of $127 billion. And the average end-of-year bonus may be 10% more than lastrnyear's (about $200,000, by one estimate). A sweet spot: mergers and acquisitions. As for the folks who trade mortgage securities, they may see up to 40% less in their envelopes, says New York compensation specialist JohnsonrnAssociates.