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Wall Street Traders Bring Home Far More Than Brain Surgeons
Hi Don, Please bear with my relative illiteracy with things economic - a couple questions: 1) Where does trader compensation come from e.g.(charged interest, fees, lower dividends or return on investments, ?) 2) The $498,246 average compensation and benefits package that Goldman Sachs paid employees in 2009 - could this average be skewed by a relative few super compensated? Do you know how the median compensation/benefits for 2009 compares? Thanks much - I greatly enjoy/appreciate your columns and blogs!— January 16, 2011 1:28 p.m.