Wall Street Bonuses to Fall 50%, Lowest Since 2002

[freewilly]

http://www.bloomberg.com/apps/news?pid=20601087&sid=aMPdmak0IjJQ&refer=home

I am seriously perplexed. Why do they still have bonus? Didn't every bank lose money?

I am sure majority of shareholders do not want to give out bonus, but do shareholder really owe the companies?

 

[droskill]

Guaranteed bonuses? Meaning - contractually bound to pay those bonuses?