US president Barack Obama was outraged that Wall Street firms paid out US $18.4 billion in bonuses to executives, despite receiving multi-billion dollar bailouts from the government to save the companies from collapse in the face of the worst financial crisis in decades. But China is facing a similar problem – many employees of financial firms are still receiving inflated salaries despite the current crisis.
Under the spotlight is one of China’s largest securities brokerages, the Shanghai（剩余2740字）