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Wall Street Bonuses as Economic Indicator

Audio file

On Marketplace, Demos Senior Fellow Wallace Turbeville discusses a new survey out from Johnson Associates which finds that hedge funds and traders of stocks and bonds are predicted to see bonuses drop by as much as 10 percent from last year.

Turbeville tells Marketplace, "The real question is whether the traders are changing their behavior and putting less risk on the books at the banks and hedgefunds."