Boyan Brezinsky Dec 17, 2007:

От няколко месеца в САЩ има криза, която се отразява и на света, свързана с т. нар. subprime mortgages. Съответно writeoff е отписване на парите, свързани по един или друг начин с тях. Дали ще са самите кредити, дали ще са други инструменти, не знам.

sasho73 (asker) Dec 16, 2007:

Това е цялата статия Bonus Time

For all the fretting about Wall Street, there's an awful lot of compensation cash floating around.
Oh, the despair on Wall Street! Subprime writeoffs ($70 billion at last count). The ignominy of a giant bank needing a bailout from the Middle East. Executives walking the plank. What's next? See-through buildings? Another default on the city's bonds?
Not likely. Financiering is still a lucrative industry. Year-end bonuses will be good, possibly better on the whole than last year's. The city's tax collections next year will be off only slightly from 2007. Tiffany's store on Fifth Ave. reports that its sales are up 28% from a year ago. Manhattan Motorcars says it sold three Rolls-Royces ($400,000 to $500,000 each) in the past six weeks. Through the third quarter the average 2007 sale price for a Manhattan apartment was up 14% from a year ago to $1.4 million, according to real estate brokers at the Corcoran Group.
The big Wall Street firms have put away $94 billion for bonus payouts and other compensation expenses through the first three quarters this year. That is up from $86 billion for the first three quarters of 2006, and 2006 wound up as a record bonus year. The chief executives who were shown the door aren't suffering too much. Citigroup's Charles Prince is getting $40 million, including a $12 million cash bonus prorated to Nov. 4 and the use of a car and driver. Wall Street's middle managers will see decent bonuses this year--if they didn't work in fixed-income securities. Alan Johnson, who studies Wall Street pay trends at his consulting firm Johnson & Associates, calculates that many on The Street will at least match last year's bonus, if not get 5% to 15% more. Mortgage trading is hurting, but not investment banking, equity trading, asset management or private equity. Workers on commodities sales desks could get as much as 20% bigger bonuses, says the Options Group, a Wall Street recruiter. A managing director who does commodities trading could expect a bonus anywhere from $5 million to $7 million, on top of a $200,000 base salary.
As for the losers, it's all relative. A managing director selling mortgage-backed securities might see his or her bonus drop from $2.5 million in 2006 to $1 million. The seven biggest commercial and investment banks--Goldman Sachs, Lehman, Morgan Stanley, Merrill Lynch, Bear Stearns, Citigroup and JPMorgan Chase--are still on track to make a profit for 2007. Pretax profits for these banks as a whole were 3.8% higher for the first nine months of 2007 than they were in the same period last year. Goldman Sachs, the only one of the seven to show a gain in profits in this year's third quarter, is expected to repeat that in the fourth, which ended Nov. 30. The other six, collectively, will probably have a lousy fourth quarter.

sasho73 (asker) Dec 16, 2007:

Контекстът е следният

Mortgage trading is hurting, but not investment banking, equity trading, asset management or private equity.

Ivan Klyunchev Dec 16, 2007:

Лингво 12: subprime [] ; субстандартный (о кредите; для заёмщиков с небезупречной кредитной историей; по ставке, на несколько пунктов превышающей основную) см. prime.

Ivan Klyunchev Dec 16, 2007:

А контекст няма ли?