A new compensation survey described in The Wall Street Journal predicts that Wall Street incentive pay will rise 40% this year.
For those in the fixed-income part of the industry, the increase could be closer to 60%.
Report: Feds to give GMAC another $3.5 billion
GMAC Financial Services is expected to receive $3.5 billion more in federal aid to further stabilize the lender, The Wall Street Journal reported Tuesday.
Report: GMAC to get another $3.5B in federal aid
GMAC Financial Services is expected to receive $3.5 billion more in federal aid to further stabilize the automotive lender, The Wall Street Journal reported Tuesday.
Galleon Probe Widens
According to the Wall Street Journal, investigators now ask for trading records from the Hedge Fund Managers.
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