DAILYCALLER (Derek VanBuskirk) - ‘How’s The Rabbi?’: Feds Say Insider Traders Used Bizarre Code To Hide Multi-Million-Dollar Scheme
'Are you sending me money for the rabbi?'
'Are you sending me money for the rabbi?'
Alternative investments could appear on some 401(k) menus in the year ahead. Here’s what that means for investors.
Data: New York State Comptroller; Note: Excludes stock options and other deferred compensation; Chart: Axios Visuals The average annual bonus on Wall Street last year was $246,500, up 6% from 2024, according to data out Thursday morning from the New York state comptroller's office. Why it matters: Higher bonuses are a sign that finance had a good year — the market turmoil and uncertainty caused by the Trump administration's tariffs only helped boost business across Wall Street trading desks. Zoom in: Profits in the securities industry rose more than 30%, to $65.1 billion, according to the report from New York State Comptroller Thomas DiNapoli. - Wall Street's securities bonus pool was a record $49.2 billion last year, up 9% from 2024. …
The decision to settle the court action is particularly striking because the defendant was accused of a serious violation of securities laws. He denied the charges.