Time to drain Wall Street bonus pool?

Full Story atmoney.cnn.com

NEW YORK (Fortune) — Is the Fed about to hit the brakes on the Wall Street gravy train?

A year after they survived the financial meltdown with considerable taxpayer help, Goldman Sachs (GS, Fortune 500) and Morgan Stanley (MS, Fortune 500) stand to spend $35 billion combined this year on employee compensation.

The average Goldman worker is on track to take down more than $600,000 in pay and perks — in line with levels from 2007, before the economy cracked.

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