A radical course correction for big banks ?
Here's the recent memo Goldman sent on the subject of junior employees and weekend working.
When it comes to compensation, it looks as if 2013 is going to be remembered as a pretty good year to have worked on Wall Street, unless you are a fixed-income trader.
Sad to report.
Read it and weep.
You're fired (twice).
Not salary, and not bonuses - but monthly allowances for the lucky few.
The end of the dream.
Former Lehman Brothers officers of the failed investment bank agreed to pay $9.75m to resolve claims by California municipalities over alleged investment losses, lawyers for the plaintiffs said.