Letter: Wall Street bonuses outrageous
The Wall Street sign near the front of the New York Stock Exchange on Aug. 5, 2011. New York has overtaken London as the top financial center, according to the Global Financial Centers Index. Credit: AFP / Getty Images
I find it hard to believe that the banking and financial industry in New York, which was turned upside-down by the financial meltdown in 2008, has recovered so nicely that the average bonus of those who get them was $164,000 ["Average '13 Wall St. bonus put at $164G-plus," Business, March 13].
That is far more than teachers are paid, and this bonus is in addition to a salary! The bonuses were 15 percent higher than last year.
How many times has the issue of teachers and the Common Core made the front page?
Rich Weeks, Middle Island
Editor's note: The writer is a public school teacher.
