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A top trader isn't going to walk out the door".
"Put simply, it doesn't feel right," one top trader said.
This year, the last on the list made $50 million, while the top trader earned $1.5 billion.
The informant, David R. Slaine, worked as a top trader at Morgan Stanley during the technology boom of the late 1990s before joining Galleon.
Last month, Invesco hired a top trader from Mr. Mathisson's company, Credit Suisse, to keep up with the latest technological developments.
Values have fallen so far that they invite takeover or privatization, said Andrew M. Brooks, a top trader at T. Rowe Price.
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Troubled funds risk losing top traders or analysts to rivals, or worse, closing down altogether.
Some executives, like the top traders at A.I.G., will face tight limits on their pay.
Mr. Pandit is struggling to keep top traders and bankers from bolting to rivals.
Top traders can take home seven-figure pay packages that exceed those of senior executives.
Arrange a breakfast with the firm's top traders, and let me introduce myself and my team.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com