Bankers on Track to Receive Near-Record Bonuses this Year, Report Finds

Executives Urged to Forego Bonuses and Solve the Mortgage Crisis

New York, New York—(ENEWSPF)—December 19, 2011. As American families struggle to buy holiday gifts for their children, bankers on Wall Street are poised to receive bonuses even larger than last year’s figures. Seven big banks are expected to pay out $156 billion in compensation (including salaries, benefits and bonuses) to executives in 2011, a 3.7 percent increase over 2010, according to a reportreleased today…