- Who Were the Biggest Winners And Losers This Year?
- GE, Comcast Complete Deal Over NBC Universal: Source
- US May Raise Rates Before Jobs Recover: Fed's Plosser
- Stocks Likely Don't Need Santa to Keep Rally Going
- Larry Kudlow's Open Letter to Tiger Woods
- AIG Slashes US Debt Under Deal With New York Fed
- Seamstress Fined $5.7 Million for Insider Trading
- Super Fantasy Christmas Gifts of 2009
- Commercial Property Fears Are Overblown: Zell, LeFrak
- BofA On Proposed Changes In The Housing Bailout Program
- The Future of The Media Landscape
- November Auto Sales Muddle Along
- Busch: What Obama Won't Say Tonight
- Stick with Equities—Avoid Emerging Markets: Laszlo Birinyi
- Pfizer Chomps On A Carrot
- Predictions 2010: Technology
- Predictions 2010: Consumers
- Predictions 2010: The Big Picture
Average salary for salaried employee in Britain: £25,000 ($37,250)
Average salary for National Health Service Nurse: £24,000
Average salary for City of London worker in Financial sector: £51,443
Bonus Pay expected for UK banking sector for the same year: £6.4 billion
Total Bonus Pay for UK banking sector over the past five years: £31 billion
Rank of “talent retention” as the most cited reason for incentive based pay schemes in the Financial sector: 1
Estimated job losses in the UK Financial services sector by then end of 2010: 100,000
Estimated number of hedge funds closed in 2008: 700
FTSE 100 performance over the past 10 years: -28%
FTSE 100 performance over the past 10 years including invested dividends: -1%
FTSE 100 annual inflation-adjusted returns: -1.4%
Rank, in terms of worst performance, British shares have had over the last 10 years in a 110 year study: 1
Average salary of FTSE 100 CEO where shareholder returns are 10 percent or higher over the past five years: £3.8 million
Average Salary of FTSE 100 CEO where shareholder returns are lower than 10 percent over the past five years: £4.5 million
Contingent liabilities of UK financial sector taken on by the UK Treasury in 2008: £1 trillion
Estimated size of total UK GDP in 2008: £1.2 trillion
Percentage of Treasury Tax Revenue directly contributed by the City Of London: 25 percent
Estimated subsidy the City contributes to each UK region each year: £20 billion
Press stories per month mentioning “city” and “bonus” and “Gordon Brown” during 10-year tenure as Chancellor of Excheuqer: 0.22
Press stories per month mentioning “city” and “bonus” and “Alistair Darling” during 18-month tenure as Chancellor of Excheuqer: 8.6
Percentage points by which the Labour Government trails its rival conservative party in the most recent ICM Research Poll: 12
Salary limited suggested by President Barak Obama for executives of companies receiving new TARP rescue funds: $500,000
Salary limited suggested by Prime Minister Gordon Brown for executives of UK companies receiving government funds: none
- Will the Fed raise rates? Will the dollar continue its slide? CNBC experts weigh in on the year ahead.
- Goldman Sachs has forbidden employees from gathering in private holiday parties of 12 or more.
- Do you have what it takes to run your own business? Ask yourself these questions.
- Heavily armed pirates in Somalia have set up a sort of stock exhange to fund their hijackings.
- Since its launch in 1998, Google has become a primary force on the Internet. How much do you know about the company?
- A famed author has written all his work on an old typewriter that is now up for auction. The NYT reports.











