Wall Street Paid A Total of $145 Billion To Employees in 2009

America’s largest banks and securities firms on Wall Street paid their employees a total of $145 billion for 2009, breaking a record they set in 2007. This number comes from an analysis of the compensation to “executives, traders, investment bankers, money managers and others at 38 top financial companies.” The $145 billion is an 18% increase over the $123.4 billion paid out in 2008, and a six percent increase over the $137.23 billion Wall Street workers made in 2007, putting the average salary of a Wall Street employee at $149,192.

Via: NY Mag