re: Lehman Watch Thread

quote:

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I think so. Not only that, but the bonus is typically paid for in....wait for it....company stock.

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Do you mean at Lehman specifically? I don't know that to be true for other I-banks, in general. While there is frequently a deferred portion of the bonus paid in stock, the majority is paid in cash. Typically base salaries for a mid-level banker will be in the $150-200K range, with the bonus being some multiple of that with total comp approaching 750-1,000 per year. Managing Directors, and those with large books of business ($20-50 million in revenue) per year will go on up into eight and rarely nine figures, but that is a relatively small number of people making that kind of money.