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Wall Street Bonuses On The Decline Since Financial Crisis
Resume![A Wall Street sign is seen in front of the New York Stock Exchange in New York City in 2006. (Mario Tama/Getty Images)](https://wordpress.wbur.org/wp-content/uploads/2016/11/1107_wall-street-bonuses-decline-1000x667.jpg)
Wall Street firms are expected to pay out bonuses that are 5 to 10 percent less than last year, according to the consulting firm Johnson Associates. In fact, bonuses have fallen by around a third since the financial crisis of 2009.
Here & Now's Jeremy Hobson speaks with business analyst Jill Schlesinger about what's behind the decrease.
Guest
Jill Schlesinger, CBS News business analyst and host of "Jill on Money." She tweets @jillonmoney.
This segment aired on November 7, 2016.