Great Gatsby days return to the Big Apple

New York has hosted expensive and lavish New Year celebrations after an estimated $17.5 billion (€14.8 billion) was paid out in year-end bonuses to financial workers after a record year on Wall Street.

31st December, 2005

New York has hosted expensive and lavish New Year celebrations after an estimated $17.5 billion (€14.8 billion) was paid out in year-end bonuses to financial workers after a record year on Wall Street.

Goldman Sachs Group, the world's number one mergers adviser this year, Merrill Lynch, the biggest US securities firm by market value, and Morgan Stanley, the number two securities firm, tapped booming financial markets.

The city – often tops for ringing in the New...

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