The top 30 players are going to have to work for their year-end bonus this year.
Soaring year-end bonuses seemed to play a major role in the Manhattan increase.
Her husband's year-end bonus from his job as an office manager will help with the other 90 percent.
Merrill Lynch also began to pay 25 percent of its year-end bonuses in stock.
And in New York at least, there are always those year-end bonuses.
As a result, the year-end bonuses many in the industry got have been cut to less than half of last year's, he said.
Such an arrangement, officials point out, is not unlike paying an executive a year-end bonus based on his performance.
The most valuable players are not likely to make their exits yet, because that might cost them big year-end bonuses.
Wall Street's year-end bonuses, especially hefty for 1999, are expected to have their main impact in the next report.
The government does not know whether it has enough cash to pay civil servants their year-end bonuses.