Vitamin C—1.19.08
Here’s a second dose of financial Vitamin C for your weekend. How did your broker do last year?
- Brokers did well in a bad 2007
“It was a bad year to be an investor, but a great year to be a broker. Wall Street’s five largest investment firms paid record amounts of compensation in 2007, despite the fact that three of the five firms posted quarterly losses as the result of souring investments in sub-prime mortgages.” (full story)