Oh Dear!!! Some Wall Street pukes at the center of the mortgage debacle may find their bonuses cut in half.
The hardest hit will be the salespeople dealing with mortgage-backed securities, according to Options Group director Eric Moskowitz. Their average bonus will be about $1 million compared with $2 million last year.
Only a million dollar bonus???? Cry me a river.
*This is sarcastic. I feel no sympathy.
†This means “thief” in Yiddish, which is largely archaic German. It is from the Hebrew ganov, and you find the term “gnof” in Chaucer, meaning “churl” or “peasant” generally, which probably has the same Hebrew roots.