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· Banned
747 Posts
Discussion Starter · #1 · (Edited)
Goldman Sachs is on course to pay its top City bankers multimillion-pound bonuses - despite asking the U.S. government for an emergency bail-out.
The struggling Wall Street bank has set aside £7billion for salaries and 2008 year-end bonuses, it emerged yesterday.

Each of the firm's 443 partners is on course to pocket an average Christmas bonus of more than £3million.

The size of the pay pool comfortably dwarfs the £6.1billion lifeline which the U.S. government is throwing to Goldman as part of its £430billion bail-out.

As Washington pours money into the bank, the cash will immediately be channelled to Goldman's already well-heeled employees.
News of the firm's largesse will revive the anger over the 'rewards for failure' culture endemic in the world of high finance.
The same bankers who have brought the global economy to its knees seem to pocketing the same kind of rewards they got during the boom years.
Source: http://www.dailymail.co.uk/news/wor...-package--6bn-bail-out.html#fuck_mccain_obama

Conversion leads to receiving $12 billion from the bailout and giving out $14 billion in bonuses.

How could you vote for people who allowed this? These corrupt corporations are taking your hard earned money and passing it on to their employees for bonuses just like they were in the boom years, all awhile fucking up our economy.

I blame each and every one of you for voting for McCain or Obama. You are just making it easier for these companies.

· Super Moderator
2,516 Posts
Well the Republicans tried to reform the housing situation but the Dumbacrats wouldnt hear of it.


Personally I think they should have done them like every other company that goes south.Liquid their assets and sell off everything and let them deal with the rest.I never supported the bail out I think that we shold have buckled down and rode the storm out.If you lost your house its because you never really needed to be there in the first place.You cant afford a 200k house making 30k or less a year.SO QUIT YOUR CRYING

· Head Baconator
6,165 Posts
I lost faith in John McCain when he supported the bailout, as well as Obama. Then, when he said, "Why not just use the federal reserve and not even vote in Congress" or something to that extent, it really alienated me.
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