For good reason everyone on the Street is talking about Michael Lewis' big Wall Street exposé, 'The End', in the upcoming issue of Portfolio Magazine. The guy really bitchslaps the model of greed and excess that put us in the economic hell hole we're in now. The Econompic Data blog, which makes awesome charts and other financial eye candy, put together a graphic representation of their favorite part of the Lewis piece: The Investment Banking Bonus Matrix. Behold as all the huge glorious wall street bonuses are explained in perfect clarity. Although I'm sure this was meant as more of a pejorative jab at the industry, I'd be interested to know if anyone disagreed in earnest with his 'calculations'.
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Clever thinking behind that matrix; I like :)
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