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DiNapoli: Wall Street bonuses up 8 percent
Wall Street bonuses in 2012 are projected to be $20 billion, an 8 percent increase over last year, New York State Comptroller Thomas DiNapoli reported Tuesday. Part of the increase is due to a bigger portion of bonuses in recent years being given as deferred compensation rather than cash, he said.
The state is starting "to see the impact of deferred payments and so some of the change...