2010-02-04 01:49:50.114629+01 by Dan Lyke 0 comments
Investment bank Lazard Inc.'s bonuses so big they wiped out Q4 profits, almost wiped out the full year's profits:
Lazard Chief Executive Kenneth Jacobs, who took over from the late Bruce Wasserstein last fall, argued that he had no choice but to pay his people to protect and build the franchise. ...
They'll make it up on volume?
[ related topics: Economics ]
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