Thursday, Oct 16, 2008

The Gravy Train Never Stops - Just Becomes an Express

Bloomberg: Blankfein's $70 Million Would Survive Paulson's Rules

"Goldman Sachs Group Inc.'s Lloyd Blankfein, whose $70.3 million paycheck made him Wall Street's most highly compensated chief executive officer last year, could still earn tens of millions annually under the bank-rescue plan run by his former boss, Treasury Secretary Henry Paulson."

Posted by renting2 @ 09:44 PM (314 views) Add Comment

4 Comments

1. renting2 said...

Even more dusty tumbleweed rolls through the corridors of hpc.co.uk.

Thursday, October 16, 2008 09:54PM Report Comment
 

2. icarus said...

One or two UK bankers are making noises to the effect that if Broon & Badger put curbs on the nationalised banks they won't be able to compete with US banks, where there are fewer strings attached to bailouts. Could govts start competing with each other to make their banks 'competitive', i.e. give the b'stards what they ask for?

Thursday, October 16, 2008 10:04PM Report Comment
 

3. renting2 said...

Probably compete to see who can award the highest pay!

Thursday, October 16, 2008 10:06PM Report Comment
 

4. plato said...

Ironic how thieves don't like losing money!

Thursday, October 16, 2008 10:30PM Report Comment
 

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