Wall Street to you: 'Go fuck yourself.'

Reports the WSJ:

In response to expected bonus restrictions, officials at Citigroup Inc., Morgan Stanley and other financial institutions that got government aid are discussing increasing base salaries for some executives and other top-producing employees, people familiar with the situation said.

The crackdown, part of the economic-stimulus package passed by Congress and signed into law by President Obama last month, limits bonus pay for the top five executives of any recipient of taxpayer capital through the Troubled Asset Relief Program, plus the 20 next-highest-compensated employees

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Is some hedge fund banking on making a killing in derivative-backed fire insurance policies? The Barons on Wall Street are so asking for all of lower Manhattan to be burned down, Molotov-style.