Bonus Withdrawal Puts Bankers in "Malaise" Bonus Withdrawal Puts Bankers in "Malaise"

This article talks about the recent drop in banker's salaries, and how these bankers are reacting. At one bank,  Goldman Sachs Group Inc, the drops were at 25%. Many wealthy bankers are feeling "helpless", not being able to sustain their extravagant lifestyles on these new pay drops. Schiff, 46, is facing another kind of jam this year: Paid a lower bonus, he said the $350,000 he earns, enough to put him in the country's top 1 percent by income, doesn't cover his family's private-school tuition, a Kent, Connecticut, summer rental and the upgrade they would like from their 1,200-square- foot