Aren’t Bonuses Supposed to be Based on Performance?
August 12th, 2009
According to the New York Attorney General, three major banks paid out nearly $18 billion in bonuses, yet only managed to drum up $9.6 billion in revenue. That’s revenue, not profit. They gave bonuses worth almost twice their total income. Seems pretty absurd to me.
Link: http://consumerist.com/…
