Report on bank bonuses turns up heat on regulators, lawmakers

A report from New York Attorney General Andrew Cuomo found that the nine biggest banks in the country gave out more than $32 billion in bonuses in 2008. The report adds fuel to the debate over Wall Street bonuses as regulators and lawmakers consider ways to rein in pay practices. Some banks have changed compensation structures as they face the prospect of increased oversight, but some investor groups and pay experts have raised questions about whether the efforts are enough.

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