PJ Media

And I make a mistake on the numbers myself! Okay, if it’s spread among 600,000 people, the average bonus is $30,666. Again, not chump change and the reasoning stands. And when you count that army of technologists, 600,000 isn’t so ridiculous.

If 600,000 most rank-and-file employees got such large bonuses, the banks would tell us because it would be excellent character defense material for the management. The reason I can’t take your argument about that seriously is that the technologists at these banks were already very well compensated, as banking is one of the highest paying employers of IT staffers and software developers in the global economy.