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The Sunny Side of a Fabled Street

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Americans with savings invested on Wall Street have had a bumpy ride over the past year. Most share prices have at best stagnated since last spring. But that ride has been considerably smoother for the power suits who run the nation’s six biggest banks. This infographic originally appeared in Too Much, the Institute for Policy Studies commentary on excess and inequality. Click to www.toomuchonline.org for more.

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The Sunny Side of a Fabled Street

  1. 1. Americans with savings invested on Wall Street have had a bumpy ride over the past year. Most share prices have at best stagnated since last spring. But that ride has been considerablysmoother for the power suits who run the nation’s six biggest banks. Sources: Institute for Policy Studies, Off the Deep End: The Wall Street Bonus Pool and Low-Wage Workers, March 2016. Fortune magazine, March 2016. Shutterstock. The Sunny Side of a Fabled Street Bank of America CEO Brian Moynihan’s 2015 pay: up $3 million The CEOs at America’s top banks last year made 455times more than average U.S. workers. The CEOs at Goldman Sachs, JPMorgan Chase, Morgan Stanley, Wells Fargo, Bank of America, and Citigroup saw their pay jump just under 10 percent in 2015. Sharing the wealth, Wall Street-style Total 2015 bonuses for Wall Street’s 172,400 employees $25 billion Annual earnings of all 895,000 full-time U.S. minimum-wage workers $12 billion

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