David Weidner: 'How Pay Changed on Wall Street'

Billion dollar hedge fund salaries are another flash point in the inequality wars, but MarketWatch's David Weidner says those top-line salaries obscure some of the changes on the Street.

Related Videos


  • David Weidner's Lessons from Wall Street

    MarketWatch's David Weidner is saying goodbye to Wall Street as he heads west. He stops by Mean Street with lessons he's learned in 15 years of covering Wall Street titans.

  • Weidner: It's Time to Buy a House

    MarketWatch's David Weidner checks in on Mean Street to point out that changes in the economy's housing sector indicate it's time for prospective homeowners to sign on the dotted line. Photo: Agence France-Presse/Getty Images.

  • Weidner: Beware the Options 'Smart Cheats'

    Marketwatch's David Weidner joins the News Hub to discuss the newest breed of 'smart cheaters' on Wall Street.

  • David Weidner: Forget Europe, Go USA!

    MarketWatch columnist David Weidner stops by Mean Street with some advice for those trying to navigate the latest European economic upheaval: buy America and sell Europe. Photo: Getty Images.

  • David Weidner: How Would Jesus Trade?

    MarketWatch columnist David Weidner comes to Mean Street and says if you're looking to make smart trades, it wouldn't hurt to ask 'what would Jesus do?' But there's a catch. Photo: Getty Images.

  • Weidner on Facebook IPO Investors: You Got Pantsed

    Do you feel pantsed? Marketwatch columnist David Weidner takes a seat on Mean Street to point out that the Facebook IPO took advantage of an investment community that should have known better. Photo: Getty Images.

  • Weidner: Bank Stocks Are Great. Says Who? The Bank

    MarketWatch.com columnist David Weidner checks in on Mean Street and takes issue with the heads of big banks pushing their stocks despite lagging economic figures. Photo: Getty Images.

  • Where Top MBA Graduates Want to Work and Salary Expectations

    A new survey of MBA students and graduates found that their top employment choice is not bulge bracket banks but consulting firms. Training The Street conducted its fifth annual survey of MBA students.

  • Wall Street Gives Younger Bankers a Handsome Salary Bump

    Investment banks are not only competing with management consulting and private equity shops when it comes to recruiting, they also go neck-to-neck with tech startups. In order to stay competitive, a handful of investment banks are giving their junior staff a pay raise. Goldman Sachs, JP Morgan, Bank of America Merrill Lynch and Morgan Stanley are reportedly giving a 20 percent salary bump to the junior bankers.

  • Go Into Tech for a Salary Bump in 2015

    Who's in line to see a salary bump in 2015? Robert Half district president Dawn Fey has the company's salary survey on MoneyBeat. Photo: Getty.

  • Obama Wants Overtime Pay For More Salaried Workers

    Bypassing Congress, President Barack Obama intends to order changes in overtime rules so employers would be required to pay millions more workers for the extra time they put in on the job. The rules, which would not likely take effect until 2015, are aimed at workers currently designated as supervisory employees but who are exempt from overtime because they get paid a salary of more than $455 a week.

  • Morgan Stanley Said to Be Raising Junior Bankers' Salaries by 25%

    Morgan Stanley is reportedly raising base salaries for junior bankers by about 25%. The firm is said to be increasing the salaries for associates and vice presidents in its investment banking and capital markets units, according to Bloomberg. A

Other Advice Videos


  • Andrew Hutson on Finding Sources for Life Advice and Career Coaching

    In Chapter 19 of 23 in his 2014 Capture Your Flag interview, environmental advocate Andrew Hutson answers "At This Moment in Your Life, Where Are You Seeking Advice and Coaching?" Hutson shares three resources he uses for advice and coaching. First and foremost, he relies on his wife for advice giving and attentive listening. Second, he builds mentor relationships in and out of work to provide role modeling and feedback. Third, he works with an executive coach to gain insight on management.

  • Jason Anello on How to Give Better Advice When Asked for Help

    In Chapter 13 of 20 in his 2014 Capture Your Flag interview, creative director and marketing agency co-founder Jason Anello answers "How Have You Learned to Give Better Advice When People Ask You for Help?" Anello shares how giving better advice is to spend more time truly understanding the question you are asked rather than simply sharing what you did when faced with a similar situation. He finds putting himself in the other person's shoes - showing empathy - helps the advice conversation.

  • Mike Germano on How to Give Better Advice When Asked for Help

    In Chapter 20 of 23 in his 2014 Capture Your Flag interview, VICE Media Chief Digital Officer Mike Germano answers "How Have You Learned to Give Better Advice When People Ask You For Help?" Germano shares how advice requests can often be asks for other things, including asking for money. He also learns to know when not to give advice - including unsolicited advice - and instead help others make their own decisions. Mike Germano is Chief Digital Officer at VICE Media.

  • Cathy Erway on Resisting Temptation When Asked for Advice

    In Chapter 17 of 20 in her 2014 Capture Your Flag interview, author and food writer Cathy Erway answers "How Have You Learned to Give Better Advice When People Ask You for Help?" Erway shares how it is important to resist temptation to give advice on topics where you may have a personal agenda. Instead, she finds it better to be patient and try to filter away personal or selfish bias to focus on the person asking for advice. Cathy Erway is an author, food writer, copywriter and radio show host.

  • Phil McKenzie on How to Give Better Advice When Asked for Help

    In Chapter 18 of 20 in his 2014 Capture Your Flag interview, entrepreneur Phil McKenzie answers "How Have You Learned to Give Better Advice When People Ask You For Help?" McKenzie prefaces his willingness to give advice with the fact that knowledge he shares is based on his own circumstances experience. This brings context to the conversation and prevents him from coming across as judgmental or biased. Philip L. McKenzie is the Founder of Influencer Conference, a global content platform.

  • Jullien Gordon on How to Give Better Advice When Asked for Help

    In Chapter 14 of 19 in his 2014 Capture Your Flag interview, business coach and public speaker Jullien Gordon answers "How Have You Learned to Give Better Advice When People Ask You For Help?" When asked for advice, Gordon finds it helpful to start by asking questions and not giving answers. This helps him shift his model for personal development from a "let me teach it to you" approach to providing others space to come up with their own answers. Jullien Gordon is a business coach & consultant.

  • My Advice to Women

    My Advice to Women

  • Anatole Faykin on The Privilege and Pleasure of Giving Advice to Friends

    In Chapter 5 of 16 in his 2014 Capture Your Flag interview, Internet entrepreneur Anatole Faykin answers "How Have You Learned to Give Better Advice When People Ask You For Help?" Faykin shares how giving friends' advice is both a privilege and a pleasure. He notes that giving advice is tough, as often a friend is looking to have a listener and to vent rather to actively seek out feedback. Faykin works to discern those who want to vent from those who actually want advice and answers.