In the last seven days, the deluge of new Wall Street scandals has been constant, fascinating and incredibly confusing. Helpfully, one tie that binds is that nearly every major accusation has been accompanied by denials from the accused, but beyond that things can get confusing. What’s the Read More
The covers of the Wall Street Journal and the New York Times‘ business section today both have huge stories on Wall Street pay. And they look very different.
The Times story, “Pay of Hedge Fund Managers Roared Back Last Year,” says that the country’s top 25 hedge fund managers made $25.3 billion last year, Read More