Traders’ Bonus round is over

Scratch the Manhattan pied-à-terre this year.  According to the NY Post Wall Street traders, among the best paid in financial circles, are facing another meager bonus season this year — at least by Street standards — after a rough 2011 saw bonuses slashed by as much as 30 percent.

Although some groups will fare better than others, equity traders could see their prized bonuses shredded again in 2012 — by as much as 35 percent, according to recruiters and others. In addition to lower bonuses, Wall Streeters are likely to see less of the payout in cash and more in stock — with the stock facing longer deferral periods…..

Read all about it at http://www.nypost.com/p/news/business/bonus_round_is_over_mOd32yZFJ9WZs0ofIXoNxK