cost of living crisis might be hitting Brits’ pockets hard but New York bankers are living the high life.It’s bonus season and the Wolves of Wall Street are splashing the cash on cars, jewellery and gourmet meals.Wall Street is handing out some of the biggest bonuses seen since 2009.Goldman Sachs CEO David Solomon and JPMorgan Chase CEO Jamie Dimon both reportedly picked up $35million (£26m) windfalls – on top of their generous six-figure salaries.They’re not the only ones.
Dozens of financial traders have collected whopping bonuses, resulting in record sales of luxury cars.Faisal Malik, from New York's leading auto leasing dealer Status Auto Group, has described the buying boom as “something for the record books”. “It doesn’t make any sense how unemployment is through the roof and everyone just has money somehow,” Faisal told the New York Post. “I have never seen an uptick in the higher-end spectrum of things like this with $200,000 cars being bought like they’re Jell-O.” He’s sold ultra-rare supercars such as the 2020 McLaren Senna LM, and says that he’s about to deliver a one-of-a-kind chrome red McLaren P1 GTR at the price of “around the $2.5 million mark.”It’s not just cars.
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