A survey conducted by Johnson Associates, a compensation consultant firm, indicates that compensation for employees of hedge funds, retail banking and private equity firms will be higher by 5%, The Wall Street Journal reports.

Here are some findings of the Johnson sturdy:

• Bond traders will see bonuses for 2010 decline 25% to 30%.
• Stock traders will see bonuses fall by 20% to 25%.
• Employees of asset management firms, including hedge funds, can see a 5% gain, reflecting the increase in assets under management.
• Retail banks are set to increase bonuses 5% to 10%.
• Despite this year's increases, bonuses will be 20% to 30% lower than the all time high in 2007.

Continue reading Wall Street Set to Receive Bigger Bonuses

Wall Street Set to Receive Bigger Bonuses originally appeared on BloggingStocks on Thu, 04 Nov 2010 11:00:00 EST. Please see our terms for use of feeds.

Ruthless corporate raider Gordon Gekko returns to the silver screen next week in Oliver Stone's Wall Street: Money Never Sleeps. Gekko was introduced in 1987's Wall Street, and his greed-is-good philosophy made the character a cultural icon and cult hero, as well as won Michael Douglas an Academy Award. The questions is, will Gekko hold up in the new millennium? We'll soon find out.

In the meantime, here's a glance at some of the best of Wall Street movies thus far. Are your favorites on the list?

• Pi (1998). A thriller about a paranoid mathematical genius on the run because he might just have discovered a way to accurately predict the behavior of the stock market. A Sundance Festival award winner. See trailer.

Continue reading Gordon Gekko Returns: Best Wall Street Movies

Gordon Gekko Returns: Best Wall Street Movies originally appeared on BloggingStocks on Sat, 18 Sep 2010 12:10:00 EST. Please see our terms for use of feeds.

Meredith Whitney, of the Meredith Whitney Group, told Bloomberg News that she expects that securities firms around the world will cut 80,000 jobs. This would be about 10% from current levels. The cuts would begin after 2010 compensation payments.

Since the crash, Wall Street firms have been undergoing structural changes. The first wave saw cuts of 330,000 jobs around the world. Some firms have hired some personnel back; however, these small hires do not come close to the jobs lost.

Continue reading Whitney: Wall Street to Cut 80,000 Jobs

Whitney: Wall Street to Cut 80,000 Jobs originally appeared on BloggingStocks on Wed, 08 Sep 2010 13:00:00 EST. Please see our terms for use of feeds.

The summer season is almost upon us. If you have ever lived in or near New York City, you know that traffic to New Jersey or the Hamptons is all but impossible. Some commute 8 to 10 hours a day to and from work.

Those who have the big bucks fly. For $200, Liberty Helicopters can fly you from 30th street Pier 6 to Port Mammouth, New Jersey. Similar flights go to Long Island.

Continue reading Wall Streeters Don't Have to Drive -- They Can Fly

Wall Streeters Don't Have to Drive -- They Can Fly originally appeared on BloggingStocks on Thu, 01 Apr 2010 17:00:00 EST. Please see our terms for use of feeds.

Continue reading Before the Bell: Investors Cautious Ahead of Retail Sales Reports

Before the Bell: Investors Cautious Ahead of Retail Sales Reports originally appeared on BloggingStocks on Thu, 07 Jan 2010 08:25:00 EST. Please see our terms for use of feeds.

The future investment stars are already with us. The NYSE Financial Future Challenge, operated by the NYSE Foundation, By Kids for Kids, K12 Inc. and the United Investors Association, is in full swing, with five finalists just identified. To reach this level, the participants had to develop a new product, idea or process that would "excite, educate and motivate their peers" to become interested in the financial marketplace. The eventual winner lurks within this subset and will receive a $2,500 prize -- a great way to get that portfolio started. And, he or she will be feted at a closing bell ceremony at the NYSE (NYX) on January 11, 2010.

The finalists presented a variety of ideas which are sure to generate some buzz. Kelsey Foss, a 12-year-old from Mountainville, NY, proposed a new television show, "Stock Market Tycoon Idol," which would harness the popularity of reality TV while amping up the content. The program would involve the journeys of 10 kids as they seek to make money or lose it, with the possibility of becoming virtual millionaires along the way. The show would be set at a mock NYSE studio on Wall Street, and exports would be brought out to mentor the contestants. The reality TV reach would help engage a younger audience.

Continue reading Tomorrow's gurus shine in NYSE Financial Future Challenge

Tomorrow's gurus shine in NYSE Financial Future Challenge originally appeared on BloggingStocks on Fri, 13 Nov 2009 09:15:00 EST. Please see our terms for use of feeds.

Continue reading Before the bell: Investors' caution reigns amid earnings season

Before the bell: Investors' caution reigns amid earnings season originally appeared on BloggingStocks on Thu, 22 Oct 2009 07:30:00 EST. Please see our terms for use of feeds.

Continue reading Before the bell: Investors cautious amid earnings bonanza

Before the bell: Investors cautious amid earnings bonanza originally appeared on BloggingStocks on Wed, 21 Oct 2009 07:21:00 EST. Please see our terms for use of feeds.

KaChing! KaChing!

It only makes sense to call a company a sound you like to hear. This is exactly what CEO and co-founder Andy Rachleff must have had in mind. His new company -- kaChing, of course -- is backed by Marc Andreesen (a name often associated with that sound) and Jeff Jordan, the CEO of OpenTable (NASDAQ: OPEN), two guys who usually do a solid job of backing winners. But, they've taken on a challenge by backing a company in the financial services industry.

Continue reading KaChing hopes to be the sound of success

KaChing hopes to be the sound of success originally appeared on BloggingStocks on Mon, 19 Oct 2009 12:00:00 EST. Please see our terms for use of feeds.

Continue reading Oil, the stock market and economic inconsistency

Oil, the stock market and economic inconsistency originally appeared on BloggingStocks on Mon, 06 Jul 2009 15:20:00 EST. Please see our terms for use of feeds.

Continue reading Bernard Madoff is a horse thief: Sentencing set for June 29

Bernard Madoff is a horse thief: Sentencing set for June 29 originally appeared on BloggingStocks on Wed, 24 Jun 2009 18:30:00 EST. Please see our terms for use of feeds.

Investors are expecting Wall Street to continue its recent winning ways.

Stocks are poised to open higher as investors await March retail sales data and the weekly unemployment report. Markets in Europe and Asia were higher.

Retail sales, though weak, may not be as bad as investors had feared. According to the Wall Street Journal, "Wal-Mart Stores and a select group of its discounting peers have helped retail sales exceed modest expectations every month since December, and that streak likely will continue."

Continue reading Before the Bell: Wall Street is on a roll -- for now

Before the Bell: Wall Street is on a roll -- for now originally appeared on BloggingStocks on Thu, 09 Apr 2009 07:40:00 EST. Please see our terms for use of feeds.

DailyFinance today: Pay for failure with CEOs losing billions, an innovative way to stimulate the economy, home loan modifications not helping, and protestors arrested at Wall Street originally appeared on BloggingStocks on Fri, 03 Apr 2009 17:59:00 EST. Please see our terms for use of feeds.

I am not often at a loss for words, but when I found out that New York is going to spend our tax dollars to retrain investment bankers for some kind of useful work, I was speechless. In total, New York will spend $45 million in government money to retrain investment bankers, traders and others who have lost jobs on Wall Street, as well as provide seed capital and office space for new businesses those laid-off bankers might create.

This raises so many questions: Why does an unemployed investment banker need any taxpayer money? Don't retired investment bankers already have tens of millions of dollars stored up? What kind of work could an investment banker be trained to do that someone would pay for? And if so, that other job would pay so much less than investment banking why would a former investment banker would take the job?

Continue reading Early April Fools joke? $45 million in taxpayer money to retrain investment bankers

Early April Fools joke? $45 million in taxpayer money to retrain investment bankers originally appeared on BloggingStocks on Wed, 18 Feb 2009 17:40:00 EST. Please see our terms for use of feeds.

Continue reading Today's technical outlook: Wall Street fails Geithner's plan

Today's technical outlook: Wall Street fails Geithner's plan originally appeared on BloggingStocks on Wed, 11 Feb 2009 09:30:00 EST. Please see our terms for use of feeds.

Remember Wall Street analysts? Those are the people who go on tout TV and tell you to buy stocks regardless of what is happening to stock prices. The reason you should ignore them is that they get paid to make you buy stocks which generates commissions for their employer. If they issue 'sell' recommendations, they will scare people away from the market. And then there won't be any commissions to pay them.

Continue reading Why you should ignore analysts

Why you should ignore analysts originally appeared on BloggingStocks on Mon, 09 Feb 2009 10:00:00 EST. Please see our terms for use of feeds.

ClusterStock has put together a countdown of the biggest financial losers of 2008.

The results aren't too surprising: Executives at big banks with large stock holdings lost huge chunks of their fortunes. Former Citigroup (NYSE: C) head Sandy Weill saw his net worth plunge from $1.8 billion to $1.3 billion, and former Lehman head Richard Fuld lost about $1 billion.

But before you feel too bad, it's important to remember that these guys were playing with the house's money. As CEOs, they received huge stock and option grants as part of their compensation -- it's not like they ever paid cash for any of their shares, with the exception of the occasional token insider buying. No matter how you look at it, these guys were paid enormous amounts of money while destroying other people's wealth.

Continue reading Wall Street's biggest losers of 2008

Wall Street's biggest losers of 2008 originally appeared on BloggingStocks on Sat, 07 Feb 2009 13:30:00 EST. Please see our terms for use of feeds.

Kucinich calls on Citigroup to drop Mets stadium naming rights originally appeared on BloggingStocks on Sun, 01 Feb 2009 08:45:00 EST. Please see our terms for use of feeds.

One of the questions that I spent this week discussing is this: What was Wall Street thinking? Whether it's using taxpayer money to pay itself $18.4 billion in bonuses or to buy a $50 million corporate jet after posting $35 billion in losses, people are wondering whether Wall Street gets it. The answer is yes. Wall Street gets that nobody stopped it from paying bonuses when it took our money, so it took what it could. Unless we limit how Wall Street spends taxpayer money, it will keep paying itself big bonuses.

Wall Street is a place where the people at the top are trained to grab as much as they can out of the hands of the other graspers. At least $200 billion worth of TARP money went to Wall Street with no strings attached. If you put that much money into the hands of a culture that believes firmly in taking what it can get -- it usually pays half of its revenues to employees -- you end up with Wall Street taking as much as it can from the taxpayers.

Continue reading Is there a new reality on Wall Street pay?

Is there a new reality on Wall Street pay? originally appeared on BloggingStocks on Sat, 31 Jan 2009 08:32:00 EST. Please see our terms for use of feeds.

Continue reading Wall Street has been strip mining America

Wall Street has been strip mining America originally appeared on BloggingStocks on Fri, 30 Jan 2009 15:25:00 EST. Please see our terms for use of feeds.