Banker Pay

Apparently $1.6 million is not a lot to get by on…….. WSJ …. The paymaster noted that median precrisis pay was about $2.2 million a year. On average, some $200,000 came in base pay, with the remaining $2 million coming in an annual bonus, about 60% of which was paid in cash. That is roughly…

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Banker Pay

Apparently $1.6 million is not a lot to get by on…….. WSJ …. The paymaster noted that median precrisis pay was about $2.2 million a year. On average, some $200,000 came in base pay, with the remaining $2 million coming in an annual bonus, about 60% of which was paid in cash. That is roughly…

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Best and Worst Days

Last year I wrote a chapter in a book called The Wiley Trading Guide In it I banged on about lies that brokers tell people and some of the profound misunderstandings that those involved in the supply side of trading have. In particular I took aim at the notion of buy and hold and its…

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