"Caught in the global fiscal crisis and facing increased public scrutiny, the longtime king of the investment banks said yesterday that its seven top execs will not be getting bonuses this year, in a move that could lead to similar cuts across Wall Street. The executives - who are accustomed to the highest salaries in financial services - went to their board of directors on Friday with a proposal to give up the bonuses, the company said. The board granted the request yesterday." No 15 CPW penthouse for xmas? WE HATE YOU DAD. [NYP]
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