Traders' Pay and Brain Surgeons'
futureofcapitalism.com

Bloomberg News has an article bemoaning what it says is the fact that brain surgeons and cancer researchers make less money than Wall Street traders. The article begins:

Wall Street traders discouraged by declining bonuses this month can take solace: They still earn much more than brain surgeons and top U.S. generals. An oil trader with 10 years in the business is likely to earn at least $1 million this year, while a neurosurgeon with similar time on the job makes less than $600,000, recruiters estimated. After a decade of deal-making, merger bankers take home about $2 million, more than 10 times what a similarly seasoned cancer researcher gets

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Traders' Pay and Brain Surgeons'
futureofcapitalism.com

Bloomberg News has an article bemoaning what it says is the fact that brain surgeons and cancer researchers make less money than Wall Street traders. The article begins:

Wall Street traders discouraged by declining bonuses this month can take solace: They still earn much more than brain surgeons and top U.S. generals. An oil trader with 10 years in the business is likely to earn at least $1 million this year, while a neurosurgeon with similar time on the job makes less than $600,000, recruiters estimated. After a decade of deal-making, merger bankers take home about $2 million, more than 10 times what a similarly seasoned cancer researcher gets

Read More...