clipped from www.nytimes.com Pay at Investment Banks Eclipses All Private Jobs By DAVID CAY JOHNSTON Published: September 1, 2007 Top money managers earn such huge incomes that even when their compensation is mixed with the much lower pay of clerks, secretaries and others, the average pay in investment banking is 10 times that of all private sector jobs, new government data shows. Investment banking paid an average weekly wage of $8,367, compared with $841 for all private sector jobs, the Bureau of Labor Statistics said in a routine report issued Thursday. The report also showed how far ahead hedge fund managers are of other investment bankers in making money.