Good Ol’ Days Are Over on Wall St.
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<i> Associated Press</i>
Those poor Wall Street executives. They used to be able to call a limo just to pick up the Sunday newspaper or order dinner-to-go from a four-star restaurant.
But these and other perks have all but vanished, despite three years of stellar industrywide profits, according to a report by G.Z. Stephens, executive recruiters specializing in Wall Street.
Stephens says the cost-cutting extends to the trading floors, which are designed to squeeze in more desks per square foot.
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