The Dow has hit its highest level in years, loan rates are at record lows and the U.S. economy appears […]
According to New York State’s comptroller, Wall Street cash bonuses dropped 14% in 2011.Speaking to Reuters, Comptroller Thomas DiNapoli said that the total amount of money paid out in bonuses should reach $19.7 billion in 2011.
Wednesday morning, there was a violent sell-off in stocks that seemed to start exactly at 10:00 AM. This had some New York Stock Exchange floor traders scratching their heads.
The March/April issue of the CFA Magazine has a fascinating article titled “The Financial Psychopath Next Door.”
A shocking statistic jumped out at us.