On Wall Street, sky-high payouts may fall to Earth (AP)

Those finance industry workers still standing after the brutal banking collapses of the past year had to contend with a major slash in bonus pay — with many losing as much as one-third of their total compensation. Then the Obama administration imposed a pay cap of $500,000 on certain senior executives whose companies receive substantial bailout money.

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Now, analysts anticipate pay will sink even further, and some question whether the shift could permanently downsize the high-flying culture of Wall Street. "It's going to drop again in 2009, so it's a huge change," compensation consultant Alan Johnson said of the falling bonus payouts.

Full Story: On Wall Street, sky-high payouts may fall to Earth (AP)