Fat city for investment bankers

In case any of my classmates who are preparing for next week’s round of investment banking interviews need any additional encouragement.

 

"Ferrari dealers get ready: Wall Street bonuses are in and they are big.

Alan G. Hevesi, the New York state comptroller, announced today that Wall Street bonuses are estimated to hit a record $21.5 billion for 2005, surpassing the previous record of $19.5 billion of 2000. Those bonuses were driven by record profits at many of Wall Street's major banks, including Goldman Sachs, Bear Stearns and Lehman Brothers."  - New York Times article