Thursday, October 30, 2008

The bankers NEED their mansions more than you need food

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 (1510 views)
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22 thoughts on “The bankers NEED their mansions more than you need food

  • sickening!!!!!!!!!!!

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  • 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”

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  • What a bunch of c**ts. I hope that the American public have more to say about it that our own appethetic population.

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  • 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.”

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  • 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.”

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  • 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.”

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  • This demonstrates that the bailout was unnecessary, except to protect the bankers’ ridiculously extravagant bonuses. Nothing other than daylight robbery!

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  • Genuine Heretics.

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  • plato – is that greek for bo££ocks?

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  • charlie brooker says:

    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.

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  • for fannies as in mae.

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  • now back to more important news, Brand and Ross…… what do you think we should all do about them?

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  • charlie b………

    Historically that would be suicide……..but good luck!

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  • But if they pay back the taxpayer with high interest this is not really a problem. Right?

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  • 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 [email protected]
    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

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  • 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?

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  • charlie brooker says:

    @malct: calm down! calm down!

    As I said “failing that there should be a tax payer’s strike.”

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  • Reply
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  • 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’

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  • 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.

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  • hi Tharg – good to have you around

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