The Rot of Wall Street Stinks All the Way to the Bank

The Rot of Wall Street Stinks All the Way to the Bank 1K AlterNet.org Main RSS Feed by Jim Hightower, AlterNet  /  15h  //  keep unread  //  hide  //  preview +Tag The U.S. is in a historical wage slump, while bank CEOs like Citigroup's Michael Corbat receives $16 million in bonus pay. Not too many years ago, any news story about bonus money would've been about some 20-year-old baseball player — an up-and-coming superstar getting $100,000 or so on top of his salary as an extra incentive to join the Yankees, Giants, Red Sox or whatever team. Sportswriters dubbed them: "Bonus Babies."http://www.alternet.org/news-amp-politics/rot-wall-street-stinks-all-way-bank