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A comment on Banks Paid $32.6B in Bonuses Amid U.S. Bailout (2009). Parent comment

Re:Banks Paid $32.6B in Bonuses Amid U.S. Bailout (2009) by snowwrestler on Monday February 09, 2015 @09:41AM (#9021330)
They are bonuses, but the word "bonus" means slightly different things in different industries. In the banking industry, think of it more like a sales commission than a totally optional check for doing a really good job. It's paid out according to a pre-determined formula, not the whim of a manager.
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Re:Banks Paid $32.6B in Bonuses Amid U.S. Bailout (2009) by aidos on Monday February 09, 2015 @10:12AM (#9021500)
Which makes sense. In the cases of financial institutions needing a bailout while simultaneously paying huge bonuses something must be seriously miscalibrated in their calculations.
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