"Isn't it funny/How they never make any money/When everyone in the racket/Cleans up such a packet." That Basil Boothroyd poem was originally written about the movies, but it could just as well apply to banking.rnIn its last three years, Bear Steams paid $113 billion in employee compensation and benefits. According to its 2007 annual report, Lehman Brothers shelled out $21.6 billion in the three years before, while Merrill Lynch paid staff over $45 billion during the three years to 2007.
展开▼