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Iron Man 2: A Hero Again for Disney

Iron Man 2 top movie for second weekend Disney's (DIS) Iron Man 2 did it again. According to early estimates from the Associated Press (which could change once final numbers are issued, like they did last time around), the superhero flick, which is distributed by Viacom (VIA), captured $53 million over the weekend at domestic theaters, making it the top feature once again.

The new Robin Hood picture, starring Russell Crowe and brought to multiplexes by General Electric's (GE) Universal Pictures, came in second with what I thought was a weak $37 million.

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The mad, mad world of Wall Street bonuses

This year Wall Street bonuses are looking to hit a new record. Last year, they hit a record of $21.5 billion and I've seen estimates that they'll be up between 10% and 25% in 2006.

One expert, Options Group, estimates that the big winners will be investment bankers and equity underwriters and traders. Driven by a record year in mergers, investment bankers will receive bonuses 20% to 25% higher than in 2005, as will those in equity derivatives sales. The "losers" will be fixed-income proprietary traders, who will earn the same or less than they did in 2005.

This year, the best place for bonus babies is the Goldman Sachs Group (NYSE:GS), which is distributing $16.5 billion worth of bonuses among its 36,000 employees -- up 40% from 2005. While this averages out to $623,418 per full-time employee, a few traders will take home $100 million.

How can any company justify paying so much money to one person? That $100 million bonus is 2,159 times the $46,326 that the median U.S. family earns every year! Do traders really work 2,159 times harder than the average family? Are their lives really 2,159 more stressful? How can any CEO justify paying out so much money?

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Last updated: May 27, 2012: 05:49 PM

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