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Author:Niraj Sharan
Enterpreuner, Chairman & CEO - Aura Inc & Charter Member - Siliconindia
Stand alone Investment Bankers
Monday 13th, October 2008
This is a story of the world’s top five stand - alone Investment banking companies. We all know they do not exist today and have either been taken over, merged or filed for bankruptcy. All of this happened   within a few weeks.  

This story is not about why all this happened and who is to blame.

I do know that between the five of them, they paid $ 36 billion in bonus to all the "whiz kids"and  partners working for them  in 2007.

Ouch…..that hurts !  and the worst  part of all  this is that we will pay more in the coming years.

 
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