1. Wall Street profits on pace
for new historic high
The industry is recovering „much faster than expected“, says New York
State Comptroller – second quarter sets new record at $57.7 billion
Highlights from
Net Revenues at Securities Firms the report
„The Securities Industry
in New York City“
60
Billions of Dollars
57.7
The four largest
investment firms
in earned $22.6 billion
40 Q2 in 1-9/09 compared
to a loss of $40.3
billion in 2008
20 With less than
5% of the jobs in the
City in 2008 the
industry accounts for
Source: Office of the NYC State Comptroller 1Q 2005 to 2Q 2009 24% of all the wages
Nov. 20, 2009
GAPA NEWS