NEW YORK (TheStreet) -- The bank bonus debate is being stoked today by a Bloomberg report estimating that $30 billion in payouts will be made by Goldman Sachs (GS Quote), Morgan Stanley (MS Quote) and JPMorgan Chase (JPM Quote) this year.

Even more irksome to the general populace, whose tax dollars financed the massive banking bailout that kept bankers in business, is that average bonuses are expected to increase as much as 40% this year, according to the compensation consulting firm Options Group, whose analysis Bloomberg cited. As if it wasn't insult enough to pay bonuses at all given near-death experience of the financial system this year, Goldman, Morgan Stanley and JPMorgan seem to be going out of their way to thumb their noses at everyone who helped them when they were...
TAGGED: Glenn Hall, bonuses