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& Investing | [$$] Big Pay Packages Return to Wall Street Wall Street pay is rising in some areas as the markets recover and firms jostle for talent. Goldman, based on revenue forecasts for 2009, is on track to pay $700,000 per employee. | [$$] Housing, ISM Data Lift Stocks The Dow industrials rose 57 points, bolstered by a 5% jump for Kraft, amid signs of stabilization for factories and housing. | [$$] Fissures Appear at the New York Fed The selection process leading up to William Dudley's promotion to president of the Federal Reserve Bank of New York underscored the lack of clout among its regional directors. | [$$] RBS's Chief Defers Some Pay RBS CEO Hester will defer share awards he receceived as part of a $16 million compensation package that drew fire from shareholders. |
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