Remember when Goldman Sachs racked up $10.0 billion in one year and paid out an average of $622,000 to its employees in bonuses? Well, it wasn't that long ago. It was only 2006.
Fast-forward two short years and times are very different. There won't be any big, fat bonuses on Wall Street this year. In the last nine months, large financial institutions have laid off over 34,000 people previously employed at stock brokerages, regular banks and merchant/invest...
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