Bonuses II: The bonus round

John Q Public: I can’t believe you guys are even talking about how much bonus you’re getting when I just got fired from my job in IT. Simon D Banker: Three of the 10 people on my team got laid off last week too. I survived because I had a pretty good year. Not all investment bankers lost money – you shouldn’t believe what you read in the press. Everyone is suffering because of reckless risks taken by a few dozen, or a few hundred, people at some banks. JQP: But those bad decisions crippled the...