Wednesday, June 24, 2009

Wall Street calculations

You gotta love the Wall Street minds.

After being told that their bonuses cannot exceed a set percentage of their salaries - they rein in their bonuses in deference to their tax subsidized statu-

-sorry, I meant to say they raise their salaries so their total compensation will increase by 20 or 30 percent.

Because...? They're having such a good year?

and there's this bit of Wall Street math:

21% of $0 profit = $3.1 million

I want to live in their world (as opposed to merely footing the bill for it).

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