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"It's more worrisome seeing these numbers going to folks on Wall Street it's a sign that we didn't learn that much from the financial crisis.".Profits from the broker-dealer operations of nyse member firms (which is what it uses to measure the securities industry's health) rose 42 percent,.5 billion, the most since 2010.Youve been slaving over Excel for 110 hours a week, your social life has evaporated, and youve eaten Chipotle for 100 days straight.So now that bonuses are back to pre-crisis levels, lets get to the real question: How, pray tell, will you treat yourself?Its the second highest don casino productions amount in wsop event 4 records going back to 1988 (not bingo indian casinos california adjusted for inflation).The comptrollers report shows the huge disparity in pay going to Wall Street employees.Just go for.It doesn't include stock options or bonuses paid to employees located outside New York City.Securities trading firms based in New York City increased their profits by 42 percent in 2017.5 billion, according to the comptroller.But the good news is you may have snagged upwards of 100K from this years.4 billion bonus pool.15,900: A luxury getaway to celebrate Passover.
Trumps promise to cut the corporate tax rate also spurred consistent stock gains in 2017.
While bonuses may have returned to the pre-crisis levels, the size of the industry hasnt yet. .
For just shy of 16,000, you can arrange for an exclusive villa rental this weekend for Passover.Across the US, the median household income in was 59,039 in 2016, the highest on record.The IPS advocates for curbing executive pay for financial traders, arguing that it leads to risky behavior of the type that triggered the 2008 financial crisis.Luckily, weve created a list to help you spend every last penny, give or take a grand.Why not something a little naughtier, like a 10,000 Keith McCurdy tattoo you wont regret.
"It is too soon to tell how increased volatility in the financial markets might impact profits in 2018.".
But during the last year especially, there has been a concerted effort in Washington to cut back some of these new regulations, with the Senate passing a bank regulatory relief bill earlier this month.