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billion in bonuses to flow in luxury goods

On Wall Street listen to the greed never - ARD

flow in January in Wall Street bonuses again in the billions to bankers and stock traders. They know no modesty and buy sports cars, luxury homes and expensive watches. Only they do not notice.

By Georg Schwarte, NDR Radio Studio New York

Milton Pedraza is what might be called a barometer of all that is beautiful rich and expensive. He is the CEO of the Luxury Institute, New York, knows the luxury trends and knows right now in January, to the sensibilities of its clientele: the bankers and stockbrokers. Although January is traditionally namely the bonus payment date. And the financial crisis yesterday.

The common Banker in any case, says Pedraza, has recovered from the 2008 crisis in his very special way. "They are possibly still a bit confused and they will create their bonus this year, probably more conservative," he says.

enjoy luxury without being noticed

The bankers still love luxury sports cars like the Ferrari. What sounds like a new modesty after the disastrous financial crisis of 2008, is still just a Wall Street-specific way to enjoy less conspicuous. "The love their Ferrari or Lamborghini is still, but they choose this year maybe not a red or yellow, but a more subdued color, "the luxury expert bankers and stock brokers have not learned from the crisis, the new motto is:.. Hau 'out the bonus, but fall' not only to . The bonus recipients love as before their private jets, yachts, but they are more discrete and not flaunt it in front of those who have less, "says Pedraza.

was 20.3 billion U.S. dollars in bonuses last year alone it on Wall Street. This year, the companies say, it will be more. Much more. And because not every young bankers like himself buy a yacht, rub these days the New York real estate broker's hands. "Sure thing," Goldine says Eismann, a broker from New York, "the comeback is here. The market is much better than last year." It finds the class, because - old rule: "On Wall Street greed to never hear," says the old lady, laughing at the sight of their real estate sales.

conservatives "Bonus Babies" Because

have become particularly young banker, the "Bonus Babies" conservative, they put their dollars this year in long-term such as real estate - real bonus just bargains. "We are talking about a million dollars. For this you get a great one-or at least a nice two-room apartment," says Pedraza.

On Wall Street bonus of modesty can be no question. But furthermore: The traditional luxury classics are still the most popular bonus toys. Expensive watches, expensive cars, expensive jewelry and, of course. "It's so much nicer to someone you love, the gift of a diamond from Cartier and Tiffany, than any 'no-name rock'," says Pedraza.

So all is almost back to normal on Wall Street. Bonus modesty was yesterday. That the nearly 12,000 U.S. employees of Ikea this year have each received a mountain bike as a bonus, not a model for Wall Street. There are mountain bike possibly on the roof rack - in combination with a $ 170,000 expensive Audi R 8th