Bonuses on Wall Street are healthier than ever despite a horrible year for almost all players in the financial industry. All the numbers are now out and bonuses in 2007 totalled $39.34 billion - up 8.7% from $36.19 billion in 2006. Only Merrill Lynch and Bear Stearns are the only two banks that saw their bonsues fall while the rest rose substantially. Now, some of this can be traced back to an increase in headcount at many brokerages, and if you take out the profitable Goldman Sachs then the number drops to just 3.5%. Are these bonuses justified? With record losses, you'd think it'd be hard to do so!