Wall Street Bonuses, Baker Hughes CEO on Earnings

Laura Noonan, a finance reporter at Bloomberg News, shares fascinating insights on Wall Street bonuses, describing them as volatile "scratch-off tickets" influenced by market swings. Lorenzo Simonelli, CEO of Baker Hughes, discusses the company's strong earnings in the energy sector and strategic plans for 2024, emphasizing stability and efficiency in oil services. Together, they highlight trends in banker compensation and the future outlook for energy technology, revealing the challenges and opportunities in these dynamic industries.