Wall Street bankers in line for $70bn payout

[don]

http://www.guardian.co.uk/business/2...laries-banking

Pay and bonus deals equivalent to 10% of US government bail-out package


"Staff at six banks including Goldman Sachs and Citigroup will pick up the payouts despite being the beneficiaries of a $700bn bail-out from the US government that has already prompted widespread criticism. The government cash has been poured in on the condition that excessive executive pay will be curbed."

Right in our faces....:mad:

[jtabeb]

Re: Wall Street bankers in line for $70bn payout

http://www.guardian.co.uk/business/2...laries-banking

Pay and bonus deals equivalent to 10% of US government bail-out package


"Staff at six banks including Goldman Sachs and Citigroup will pick up the payouts despite being the beneficiaries of a $700bn bail-out from the US government that has already prompted widespread criticism. The government cash has been poured in on the condition that excessive executive pay will be curbed."

Right in our faces....:mad:

Yeah, that's pretty much just saying "FUCK YOU, WHAT ARE YOU GOING TO DO ABOUT IT, BITCH!)

[Slimprofits]

Re: Wall Street bankers in line for $70bn payout

[Verrocchio]

Re: Wall Street bankers in line for $70bn payout

More hard to believe news re bonuses:

Despite Turmoil, Wall Street Bonuses Survive

Chaos in the financial system may translate into better than expected bonuses for Wall Street.



Yes, the pie is smaller this year, but there are fewer slices to be cut! Story is at link.