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Post by jeffolie on Nov 2, 2008 19:17:06 GMT -6
Goldman Sachs ready to hand out £7bn salary and bonus package... after its £6bn bail-out Goldman Sachs gives entire bailout as Bonuses 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. www.dailymail.co.uk/news/worldnews/article-1081624/Goldman-Sachs-ready-hand-7BILLION-salary-bonus-package--6bn-bail-out.htmlIt makes me want to puke. Fortunes of taxpayer money going into the rich lying, corrupt bankers pocket.
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Post by unlawflcombatnt on Nov 2, 2008 22:41:50 GMT -6
Sickening.
Congress needs to freeze the remaining $250 billion or $350 billion of the bailout. The bailout was never anything but a scam to save rich Wall Street Financiers. Everyone could see that except members of Congress, and the plutocratic Corporate media.
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