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Wall Street bonuses hit $20 billion, official says

Posted: February 24, 2010 at 3:53 a.m.

Employees at Wall Street financial firms collected more than $20 billion in bonuses in 2009, the year taxpayers bailed out the financial sector amid the economic meltdown, New York state Comptroller Thomas DiNapoli said Tuesday. The payouts were about 17 percent higher than the previous year’s bonuses.

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Business, Pages 27 on 02/24/2010

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