Here’s some GOOD news, even if it’s out of fashion at the moment.

Ride the Bull

Blogging Stocks posts that: Bloomberg News reports that Wall Street firms will pay the best 2007 bonuses ever, despite massive loss in the public market value of their securities. Specifically, the five biggest Wall Street firms will pay 6% higher bonuses totaling $38 billion to be spread among their 186,000 workers — an average of $201,500 per employee.

See the Blogging Stocks post here

See the Bloomberg article here