Record Bonuses for CEOs? You Don’t Say! So Why Are We Being Hosed with High Prices?
This is hilarious.
Just to make it clear:
A blockbuster year for New York’s trading and investment-banking firms is poised to deliver record earnings for the industry, with profit on pace to exceed $90 billion, and bonuses expected to reach an all-time high.
The estimate for annual earnings, based on growth in the first half of 2026, would comfortably surpass last year’s record of $65.1 billion, according to a report by New York State Comptroller Thomas DiNapoli. His office measured the profits of the broker-dealer operations of New York Stock Exchange member firms.
A “blockbuster” year? Of course. When you charge an arm and leg so you can steal from the sheeple to line your own pockets.
And if you want to read the report referenced in the article:
