Some hedge fund traders are scoring 'Tom Brady-like' salary packages in the tens of millions even as big banks slash headcount and throttle bonuses

• In-demand hedge fund traders are garnering eye-popping salary packages as top Wall Street banks cut costs.
• Millennium offered certain hires nearly $60 million in guaranteed pay, sources told The New York Times.
• Citadel and Millennium were able to make profits amid a market downturn, in part, because the trading shops were using multiple strategies at the same time.

Wall Street's top hedge funds were able to capitalize on the market downturn last year, raking in profits not seen by some of the largest investment banks.