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  1. God the media is so f’ed up….so last year the newspapers were screaming that bonuses should be paid in long-term stock to tie the interests of the individual bankers to the institutions they work….the banks somewhat complied, and now the same newspapers are screaming that the stock grants have appreciated so much that it is a “windfall”.

    The whole thing is insane – just come up with a reasonable tax-rate on extremely high earnings and then STFU – this whipsawing helps no one

  2. “Do these huge bonuses bode well for Brownstone Brooklyn?”

    Depends on which side of the trade you’re on. Last time I checked, listings weren’t priced in common nor preferred stock (bonus receipients won’t be able to sell them anyway for some time).

    ***Bid half off peak comps***