Bonuses

Bonuses paid over the last 3 yrs in USD

Bear Stearns 11.3bn
Lehman 21.6bn
Merrill 45bn
Citi 34.4bn

Investors return in USD
Bear Stearns 1.4bn of JPM stock (now 50%)
Lehman 0
Merrill 9.6bn of BOA stock (now left 20%)
Citi 18.1bn (mkt cap)