I have long advocated the use of guillotines for the Wall Street fat cats and their attendant alley cats, whose loyalties are not religious nor political nor moral. As I heard one gentleman remark on TV the other day: "The Wall Street management model is not a good one."
Off with their goddamn heads!
2 comments:
I thought there was talk of restrictions/limits/bans of bonusii. No?
Goldman this week notched up its largest ever profit as a public company - $3.44 billion for the second quarter - but did it while taking on considerably more risk by a key measure.
Furthermore, Goldman set aside 48 percent of its total revenue, or $6.65 billion, to fund employee compensation, an amount that is not only titanic for a company that only recently was in receipt of direct government support but is, even more astonishingly, the same percentage as was doled out to employees in 2007, in the supposedly bad old pre-crisis days.
"http://www.reuters.com/article/reutersComService4/idUSTRE56F3SR20090716"
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