Thursday, Oct 30, 2008
The bankers NEED their mansions more than you need food
Dailymail: Goldman Sachs ready to hand out £7bn salary and bonus package... after its £6bn bail-out
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.
Posted by lvmreader @ 05:33 PM (886 views) Add Comment
23 Comments
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1. bystander said...
sickening!!!!!!!!!!!
2. malct said...
Quote from Abraham Lincoln
"I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country; corporations have been enthroned, an era of corruption in High Places will follow, and the Money Power of the Country will endeavor to prolong its reign by working upon the prejudices of the People, until the wealth is aggregated in a few hands, and the Republic is destroyed. I feel at this moment more anxiety for the safety of my country than ever before, even in the midst of war"
3. the haunted said...
What a bunch of c**ts. I hope that the American public have more to say about it that our own appethetic population.
4. malct said...
Quote from Charles A. Lindbergh, Sr.
"When the President signs this act [Federal Reserve Act of 1913],
the invisible government by the money power -- proven to exist
by the Monetary Trust Investigation -- will be legalized.
The new law will create inflation whenever the trusts want inflation.
From now on, depressions will be scientifically created."
5. malct said...
Quote from Louis McFadden
"(The Great Depression resulting from the Stock Market crash) was not accidental. It was a carefully contrived occurrence....The international bankers sought to bring about a condition of despair here so they might emerge as rulers of us all."
6. malct said...
Questionable Quote from J. P. Morgan
"Capital must protect itself in every way... Debts must be collected and loans and mortgages foreclosed as soon as possible. When through a process of law the common people have lost their homes, they will be more tractable and more easily governed by the strong arm of the law applied by the central power of leading financiers. People without homes will not quarrel with their leaders. This is well known among our principle men now engaged in forming an imperialism of capitalism to govern the world. By dividing the people we can get them to expend their energies in fighting over questions of no importance to us except as teachers of the common herd."
7. titaniccaptain said...
As haunted said x10
8. Fly By Night said...
This demonstrates that the bailout was unnecessary, except to protect the bankers' ridiculously extravagant bonuses. Nothing other than daylight robbery!
9. plato said...
Genuine Heretics.
10. malct said...
plato - is that greek for bo££ocks?
11. charlie brooker said...
This is theft of tax payer's money pure and simple.
I hope Obama wins by a landslide and goes after these bastards,failing that there should be a tax payer's strike.
12. plato said...
for fannies as in mae.
13. mark said...
now back to more important news, Brand and Ross...... what do you think we should all do about them?
14. plato said...
charlie b.........
Historically that would be suicide........but good luck!
15. lvmreader said...
But if they pay back the taxpayer with high interest this is not really a problem. Right?
16. malct said...
charlie - ? - "I hope Obama wins by a landslide and goes after these bastards"
uh oh! - more input - more input - more input - more input - more input - more input - more input - more input - more input - more input - more input - more input - more input - more input - more input - more input - more input - more input - more input - more input - more input - more input - more input - more input - more input - more input - more input - more input - more input - more input - more input - more input - more input - more input - aahhhaahh that's cr@p
STOP! take a very long breath, count to ten several times, and look in the mirror
Obama is more of the same - end of story mackcane is more of the same - end of story - wtfu
17. braindeed said...
Surely someone can start one of those 'pass this on' emails - there must be a way of starting a firewall to keep this money in the productive economy?
18. charlie brooker said...
@malct: calm down! calm down!
As I said "failing that there should be a tax payer's strike."
19. lvmreader said...
Visit this site:
http://www.taxpayersalliance.com/home/
20. lvmreader said...
21. malct said...
sorry charlie - I have a chronic anxiety / depression issue
it is a symptom of a bigger problem - I live in a world that is seriously messed up.
I've done what I can for today, now it's up to you and Ivmreader. Oh and hopefully plato will be back. TC and mark are solid, and there are loads more. Take a look around the posts today - we are amazing!
Don't take it too seriously. malc - er 't'
22. Tharg said...
Oh stop whinging! It's not like Goldman Sachs were just given this money.
If you had shown the foresight to back Obama's campaign then you could have had some too.
23. malct said...
hi Tharg - good to have you around