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Tuesday, December 28, 2004

The New York Times > Business > That Line at the Ferrari Dealer? It's Bonus Season on Wall Street: "The manager with the Aston Martin said that last year's compensation packages for associates were ridiculously low. 'You had third-year associates making $210,000 to $225,000; a lot of these guys are married and have young kids and they are working' very hard, he said.

Many of those associates are expected to use their new wealth to pay off debts incurred from three years of relatively meager bonuses."

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