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Making Money
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Latest Headlines
More on broker bonuses at top firms
The anger over executive bonuses at top Wall Street firms may not apply to broker bonuses. I think we have to allow banks to conduct business as usual to some degree. If a broker generates millions in revenue, you can make a case that he or she is deserving of a bonus. While money is fungible, we'
Plunging hedge funds take incentives down too
Portfolio makes a very astute point about what happens to hedge fund manager incentives once they plunge in value. To put it bluntly, the incentive goes away. "Two and 20" works when the fund is rising or when it dips a just a bit. But after a massive plunge, some managers may be more likely t
