US bankers planning to sue or walk if bonuses are too low.
Politics in the Zeros
"A republic, if you can keep it." Defeat MAGA
Politics in the Zeros
"A republic, if you can keep it." Defeat MAGA
Listen, if they were hired and promised certain things I say pay them, but if they’re not contractually obligated to receive such high paying bonuses then I say let them walk. There will always be somebody making less than they were that would love to have their job.
The bonuses fluctuate and aren’t strictly specified. In investment banking they can be a major portion of income. Cuts this year could be 30-50% of total pay.
So, if some overly entitled prick of an investment banker was borrowing all year against an expected bonus, then he’s screwed.
Not that anyone cares.
It’s a myth that on Black Tuesday bankers jumped form office windows. They were thrown.
Walk, bitches, while you still can.